On 09/06/22 the SPX marginally broke below trendline support and a .618 retracement of the June to August rally. The bottom had significant bullish divergences on the RSI and MACD. There's a high probabilty of a rally to at least the August 2022 high - perhaps even higher.
Do not think a BAD cpi and a big rate hike will support that??
markrivest
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@CapeAfrican, I use Technical Analysis on markets. As for Fundamental analysis such as a Bad CPI and big rate hikes rate hikes. We don't know the data of the next CPI report or if there will be a a rate hike or what the stock market reaction will be to those events.
lauralea
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@markrivest, Fickle market but it is what it is (o: