$SPDR S&P 500 ETF Trust(SPY)$ Holds Steady at $681.75: Consolidation Before CPI Test 🧭 🎯 Core Drivers
Markets traded cautiously ahead of the critical January CPI report, with fears of a "hawkish surprise" (core CPI MoM potentially +0.4%) keeping bulls in check. Meanwhile, ongoing speculation about the policy direction under potential new Fed Chair Kevin Warsh continues to inject uncertainty into the rate outlook, capping major moves. 🎯 Analyst Targets
Wall Street sentiment is broadly positive. The consensus among major institutions is a Strong Buy, with a median price target implying significant upside from current levels, supported by long-term economic growth expectations.

🔮 Weekly Outlook
Expect consolidation between $677 and $692 in the coming week, with direction heavily dependent on the CPI data outcome. A break above $692 could reignite the rally toward $700+. A breakdown below $677 may see a test of the $670 support zone.