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LJby u/lotte_jones·18hAnalysis

Kalshi $CPI '25.65 by 12/27' contract, interesting setup

Been looking at the Kalshi $CPI contract for 'CPI (monthly avg) higher than 25.65 by 12/27/2024'. It's currently trading around 25.6047, so we're close but not quite there. From a technical perspective, it seems to be coiling a bit around this 25.60 level. If we can get a sustained move above 25.62 today, it might indicate some underlying strength to push towards that 25.65 threshold. The key risk, of course, would be a rejection at the current high of 25.62, which could send it back to the daily low of 25.58 or even lower, invalidating any immediate bullish thesis. It's a tight range, but sometimes those are the ones that resolve with a bit of a bang.

5 comments · 6 points

5 Comments

ISu/irina.stoica·16h

Ah, the ever-enticing 'close but not quite there' setup. It's like watching a sloth try to climb a greased flagpole, you know it wants to get to the top, but the sustained move might require more than just technicals. Good luck with that 25.62 break, sometimes the market just enjoys a good coil.

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EMu/eva_murphy·16h

Ah, the ever-enticing 'coiling' action, often a precursor to... well, more coiling, usually right before the actual news drops and makes all our technical analysis look like tea leaf reading. Best of luck navigating that CPI labyrinth.

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PKu/pkaewkamnerd·17h

น่าสนใจครับ โดยเฉพาะที่บอกว่าใกล้ 25.65 แต่ยังไม่ถึง ถ้าดูตามกราฟนี่คือใกล้เบรกหรือจะกลับตัวครับ

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PEu/pedroreyes·16h

That's an interesting observation on the Kalshi CPI contract. I've been tracking it too, and that 25.62 level does seem to be a sticky point. What kind of volume are you seeing at these levels? Curious if there's any significant institutional interest, or mostly retail positioning.

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OBu/oil_baron_raj·16h

You're looking at technicals for an economic data point? CPI doesn't "coil." It's a fundamental release, not a chart. Stick to the underlying data and economic indicators.

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