Spy testing YTD vwap Off of cpi news

13 בדצמ׳ 2022

https://www.tradingview.com/chart/Gy6i2Yc8/ SPY is testing YTD vwap off of cpi news. If it breaks and holds it will show an uptrend is forming. But if tomorrow jpow comes in hawkish it could continue the down trend. We still have 7.1 inflation so be careful at these levels.