HomeMarketsTechnical AnalysisSPX Consolidation Into CPI, Health Care Poised for Bounce

SPX Consolidation Into CPI, Health Care Poised for Bounce

MACD in the SPX shows light signs of bullish support, though Kevin Green warn excessive consolidation into Wednesday's CPI print could lean bearish for its outlook. He also points out that the SPX broke an uptrend, causing some back and forth action today. He also notes pressure on metals due to a rising U.S. dollar. Kevin urges investors to watch the health care sector, which had technicals pointing to a potential breakout.

Morning Trade Live

09 Jun 2025

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