Chop Going Into CPI and FOMC

The market has been flagging at its highs as it seems to be awaiting more economic data from CPI and direction from the Fed at FOMC. In this week’s edition of Moxie Indicator Minutes, TG explains how he can see the case for both bullish and bearish outcomes, and why he thinks it will depend on what these two data points come out as. It has been a tough market to work with since the technicals are getting thrown around based on news.

This video was originally broadcast on December 9, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, iOS, Chromecast, Android, and more!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.