Hey Market Pilot,
Despite a couple of bumpy days, the market held up after hotter Consumer Price Index (CPI) and Producer Price Index (PPI) numbers last week. Could there be a bounce coming?
Prices don’t like to stay away from moving averages for too long. Let’s look back at the weekly chart and get some ideas for what a spike higher might look like and how far it could go.
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Your Profit Pilot, TG