If CPI comes in above 2.9%, short-term pain is likely with indices near record highs. The QQQ breakout is positive, but RSI/MACD divergence and weak volume suggest limited fuel. A hot CPI could spark a pullback before the Fed meeting, adding volatility.
September feels like a “sell into strength” month. With weak seasonality and cuts priced in, profit-taking after the Fed is possible. Still, I’m constructive on the bull market—especially if consecutive cuts follow—but near term, I’d rather stay cautious than chase.
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- SiliconTracker·09-10TOPSolid analysis mate, short-term caution is key now but long-term bulls still got legs.1Report
- MyrnaNorth·09-10TOPGreat insights! Love your analysis! [Heart]1Report