As suggested in a previous posted 3800/4200 has been the range for the S&P recently but that should be challenged this week post-CPI data release on Tuesday.
Should 4200 breaks we could extend into the 4300/4350 area before a reversal
If CPI disappoints then 4200 holds and we test the strong 4000 area ahead of another challenge at 3800.
As the market is always divided between bulls and bears hawks and doves do your analysis and always adhere to proper risk managment.
Should 4200 breaks we could extend into the 4300/4350 area before a reversal
If CPI disappoints then 4200 holds and we test the strong 4000 area ahead of another challenge at 3800.
As the market is always divided between bulls and bears hawks and doves do your analysis and always adhere to proper risk managment.
Mark Langley
