CPI Tomorrow

September 10, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The price action is news driven and the inflation reading tomorrow is the most significant economic release this week.

PRE-OPEN MARKET COMMENTS TUESDAY - Yesterday the market bounced after a heavy day of selling and it is up this morning. The SPY is within striking distance of the 50-day MA and it is likely to be tested this morning. There is also some "Fed speak".

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