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US CPI coming up, watching $SPX retrace
With CPI data around the corner, I'm watching the $SPX carefully; seems like any significant deviation could really shake up this current retrace we're seeing, so not making any big moves yet. Still holding some defensives, but keeping an eye on tech for a potential entry if we get a clearer direction.
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Seems like everyone's holding their breath for CPI. I'm not convinced any single data point, especially in this environment, will provide the 'clearer direction' people are hoping for with SPX. It's usually more nuanced than that.