Based on the chart, I would recommend caution.
Let us look at some technicals.
Using the 1D interval, MACD has yet to complete its bottom crossover.
The average daily trading volume is about 4,661,370,689.
The last trading day volume (ending 12 Mar 2025) is about 3,450,861,000.
Thus, there may not be enough sustainable volume to drive the momentum of a bull run.
There are also other macro data like PPI to be released. On top of this, the tariff war continues with more reciprocal actions.
I recommend to monitor.
Not Financial Advice - please do our own due diligence.
$S&P 500(.SPX)$
$SPDR S&P 500 ETF Trust(SPY)$
$Cboe Volatility Index(VIX)$
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- NotWizard·03-13 03:21TOPAgree, CPI cool off for a while, not the bottom yet…😬1Report
