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

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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.
BradMatheny
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Beyond Technical AnalysisCPIESTechnical IndicatorsNQpatternsSPDR S&P 500 ETF (SPY) StockstradingTrend Analysisym

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Beyond Technical AnalysisCPIESTechnical IndicatorsNQpatternsSPDR S&P 500 ETF (SPY) StockstradingTrend Analysisym
BradMatheny
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-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..

Join Ment.com Expert Growth Today

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更多:

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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。