Can CPI be too low?
|Higher S&P 500 high was made as per premium predictions, and the same goes for selloff at the open bringing sizable intraday gains to clients. Other premium clues revealed include XLF and KRE performance, and bond market with defensives alike. The main indices as such are sending one more hint discussed below.
Let‘s collect them in this chart introductory part, richly annotated – starting from financials, moving on to VIX, and finally rates with plenty of macro and fundamental commentary as to where we‘re going, in the following segment. How strong has the S&P 500 rally been till now, and what‘s the fate of the hypothetical right shoulder in the inverse head and shoulders talked in Sunday‘s extensive analysis.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.