CPI numbers were red hot this morning, and the market is down big.
It brings us right to the level 3775 that the market needs to hold. I think it could be a wide swinging outside day today, with a potential large red day if we can move below, and hold below 3775.
If we can't hold below 3775, I would expect the shorts to start to get squeezed out.
It brings us right to the level 3775 that the market needs to hold. I think it could be a wide swinging outside day today, with a potential large red day if we can move below, and hold below 3775.
If we can't hold below 3775, I would expect the shorts to start to get squeezed out.