R59, markets only up 5.5% in a week
Either way though, the markets will likely go up even more if the CPI numbers look good. Headline inflation is surely to go down a bit, but Core inflation I'm not so sure. If the numbers come in disappointing, look out below, but if not, the market could rally another 100-200 on the S&P. In fact the 4325 S&P could be retested this week yet ! For me, I'm holding tight my short position