SPX'S Possible/Probable "Bulls" trap, CPI is 6.8 highest since
1982 that's 40 Years !!!
The Consumer Price Index ( CPI ) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
The Consumer Price Index ( CPI ) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
Comment:
How crazy is this, highest inflation data in 40 years and we go up :-)
Comment:
Hold on to your horses guys, today and tomorrow are NOT THE TIME to start chasing the market FOMC'S meeting is in PROGRESS wait for the outcome of it first and foremost then choose wisely !
Comment:
Do not see any traps as of this moment, just bears & bulls crashing against each other :-)
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****** Past performance is no guarantee of future results***
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****** Past performance is no guarantee of future results***
twitter.com/samitrading1