First Look: 2021-05-12
S&P futures took a quick turn lower on the CPI print. I’m giving the market a chance to bounce again today but it is critical to reclaim 4127.25. Once above 4127.25, they can push for 4146.25 and 4154.25. If bears can begin to push away from 4127.25, the door is open to press for 4059.00.
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