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What is important to watch for the SPX?

S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Fundamental Analysis S&P 500 (SPX500) SPX (S&P 500 Index) US SPX 500 spx500long spx500forecast spx500analysis spxanalysis spxsignals
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trendanalysis chartpattern fundamental spx500 spx spx500usd spx500long spx500forecast spx500analysis spxanalysis spxsignals
Today the CPI numbers got released and turned out good! The DXY and Yields are falling of a cliff and the SPX is making a strong bounce. But is it enough?

We need to see the downwards line to be broken and retested. If we break it and are able to stay above it we are really clear to see more upwards momentum.

Short and simple but this is the play. Trade safe!
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