Stock Indices Decline In Front of CPI Tomorrow

The Stock Indices sold off today. However, volume was light, suggesting it was not impulsive. Price development was not impulsive either. It was simply a slow grind lower. The Briefing outlines important support and resistance areas tomorrow to watch carefully. It will be important to see how market participants view the CPI numbers. Therefore, use caution until after the day session open and the volatility settles down.

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