$SPX - When it closed below the 20 DMA it was supposed to hit the 100 DMA or the lower band, but sometimes macro trumps technical signals and the CPI was one of these cases. The 70 day low was made on Wednesday and the S\&P is likely headed to a new ATH by the end of the year.
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$SPX - When it closed below the 20 DMA it was supposed to hit the 100 DMA or the lower band, but sometimes macro trumps technical signals and the CPI was one of these cases. The 70 day low was made on Wednesday and the S\&P is likely headed to a new ATH by the end of the year.