SPX - Indecision Continues Ahead of CPI
$S&P 500(.SPX)$ - Indecision Continues Ahead of CPI
The warning signal triggered last Friday with a bearish engulfing candle has not been invalidated, and the indecision doesn't look bullish with an imminent bearish MACD crossover.
$DJIA(.DJI)$ confirmed the bearish MACD cross already.
$NASDAQ 100(NDX)$ continues weak.
$Cboe Volatility Index(VIX)$ - Indecision Mode: Jump or not to Jump?
Bullish or bearish for tomorrow?
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Kalshi and Barclays both forecast a rate of 2.9%
Bank of America and Moody's estimate a slightly lower rate of 2.8%.
Citigroup, Goldman Sachs, and UBS each predict an inflation rate of 3.0%.
BNP Paribas and Morgan Stanley align with Kalshi and Barclays and Wells Fargo also projects a rate of 2.9%.
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