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S&P 500
Benzinga
144 days

How To Trade SPY, As PCE Inflation Report Takes Center Stage

1. SPY trades near 566.49, bullish above 567.81. 2. Core PCE Price Index release could impact market sentiment significantly. 3. Key stocks including AAPL, MSFT, and TSLA are pivotal today. 4. Market volatility expected from economic data and Fed speaker announcements. 5. Potential breakouts or reversals in select stocks to monitor.

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FAQ

Why Bullish?

SPY's critical levels suggest bullish momentum may lead to higher prices, reflecting historical bullish patterns following strong bullish signals in indices.

How important is it?

The article provides critical price levels and economic indicators that can direct S&P 500 movement, making it a timely and relevant analysis for traders.

Why Short Term?

Immediate market movements are predicted based on today’s key economic indicators that typically affect the S&P 500's price in the short run.

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