SPX: The disappointing CPI report triggered pullback
$S&P 500(.SPX)$ : The disappointing #CPI report triggered a pre-market pullback, consistent with the recent daily analyses. While the rapid buying was encouraging, the diagonal resistance remains a key challenge.
Will the price decisively break through the red resistance line, or will it follow the projected bearish path indicated by the blue line?
Worth noting: Price bounced at $6017, a level mentioned in the emailed publication on Monday.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Cboe Volatility Index(VIX)$
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- EraGrowth_Wealth·2025-02-13yeah, but at least the market seems strongLikeReport