$SPX - The market rallied on the CPI news but despite an 0.8% up day it's not a bullish candle since it closed below the opening level, so a lower low tomorrow is still possible. Not making a lower low tomorrow would mean that the 70 day cycle low occurred on Wednesday.
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$SPX - The market rallied on the CPI news but despite an 0.8% up day it's not a bullish candle since it closed below the opening level, so a lower low tomorrow is still possible. Not making a lower low tomorrow would mean that the 70 day cycle low occurred on Wednesday.