There was a lack of commitment from buyers on the daily chart in the S&P 500. Although the session started out with buyers moving the market to new highs, it failed to maintain that upward momentum. This volatility could continue on Wednesday with the release of PPI.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.