SPDR S&P 500 (SPY): Keep an eye on the Personal Consumption...

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Re: gumbie05 post# 380279

Thursday, 01/25/2024 9:17:50 PM

Thursday, January 25, 2024 9:17:50 PM

Keep an eye on the Personal Consumption Expenditures Price Index release tomorrow morning at 8:30 (see link below for Friday morning) to see if it indicates inflation that is a tad lower. This non-TA information could set up the direction of whether we are at a top, or there is further to go up before a pullback and/or corrections happens into the spring, and more likely preceding the election (Oct to early Nov like in 2020).

https://www.marketwatch.com/economy-politics/calendar

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