SPDR S&P 500 ETF Trust

CPI Data collapses US markets - Watch For Rally/Reversion higher

293
Cycle patterns indicated a GAP/TOP for Monday/Tuesday. Then, they indicate a potential reversion/rally for Tuesday/Wednesday.

After watching the deep selling related to the CPI numbers, I would not be surprised to see a very strong rally/recovery over the next 48 hours in the SPY and other US Indexes.

News-based reactive moves like this are often erased over the next 24 to 48 hours as traders realize the true capacity of the future economic trends.

Stay tuned.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.