S&P 500: The market could be very volatile next week as Fed officials are speaking again...keep an eye on the PPI and CPI

The S&P 500 is retesting its trendline resistance ~ 5,239, ahead of PPI and CPI data on Tuesday and Wednesday, respectively. The market could be very volatile next week as several Fed officials will speak, while Biden's new tariffs on China EVs, solar panels and medical supplies may be announced on Tuesday. The index has been up for three straight weeks and may be due for a pullback.

This note contained herein is our opinion and should not be construed as a recommendation to buy or sell. Click here to view the latest update!

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