#SPX - 15 Jan

83
Volatile day for #SPX yesterday, market rallied on PPI but failed and came down to our 5815 level to perfection and rallied to 5865 for a good 50 pts as shared in our group.

Price action on daily is still bullish, looking for further upside. Price is holding PZ now. Bullish, with assumption that CPI could well follow PPI, for a move higher, 5900 5960 as next targets above.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.