$S&P 500(.SPX)$ Daily Chart:
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Price closed with an indecision candle in the medium of a narrow volume gap between (1) and (2).
Both pathways apply in the very short term, as mentioned during the weekend, straight lines up are not expected.
If CPI reaction is bearish, there are several support areas, the strongest one is the 10DMA.
If the reaction is bullish, the volume base marked as (1) is strong enough to sustain price if reached.
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