friday the cpi report came out showing inflation hit another 40 year high and the market sunk that day. the inflation news has spread over the weekend so i predict a lot of people selling monday however, i guess there will be a lot of people “buying the dip” so we might have a situation where sellers get tired of selling (aka “Seller exhaustion”?) … and so the market may start the day red (futures are already deep red) but actually end up green at the closing bell.
what do you think will happen today?
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