5 Key Market Indicators Traders Need to Watch Today Ahead of Fed, CPI Report

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 32 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

S&P 500 Nouvelles

US Dollar Index Futures,Crude Oil WTI Futures,United States 3-Year

Market Overview Analysis by Michael Kramer covering: S&P 500, US Dollar Index Futures, Crude Oil WTI Futures, United States 3-Year. Read Michael Kramer's latest article on Investing.com

Stocks finished flat on an uneventful trading session. However, the market felt more risk-off with the 1-month implied correlation index and theon Wednesday, I expect implied volatility levels to continue to rise today on both the shorter-dated and longer-dated implied volatility levels.

The VIX 1Day closed yesterday around 8, and typically, it gets to around 17 to 19 by the day before the CPI report, and I don’t see why today would be any different.There is some risk with today’s auction since it comes the day before a CPI and FOMC meeting. Now, oil threatens to break out and move above a downtrend that would be a real shock to the inflation and oil bears; all it would take at this point is a push above $79.Meanwhile, the S&P 500 appears to have formed a head-and-shoulder pattern or a diamond reversal pattern on the intraday charts. If so, the index could return to the 5,260 to 5,280 region.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks Week Ahead: Wednesday to Tell Market's Next Direction Amid Slow Data WeekMarket Overview Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation, Copper Futures. Read Michael Kramer's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Nasdaq 100: 5 Stocks Are Responsible for 80% of the GainsStocks Analysis by Michael Kramer covering: Nasdaq 100, Microsoft Corporation, Amazon.com Inc, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stocks Week Ahead: Volatility to Spike Amid High-Stakes Data Releases This WeekStocks Analysis by Michael Kramer covering: USD/CAD, S&P 500, CBOE Volatility Index. Read Michael Kramer's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »