CPI at the core level came in as expected, but the headline number - TopicsExpress

CPI at the core level came in as expected, but the headline number came in a bit worse. The market is under some pressure this morning, but so far is holding at the bottom of the channel. If we break out to the low side, we could test 103.40, that will actually be positive, if we hold that level. My guess is mostly sideways, until we hear from the Fed next week. I remain..mid-term bullish. Have a great day!

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