#SPX Daily chart

Daily order flow upward

Here we are already testing the upper edge of the monthly VWAP value range, with a target of 4003.

Yesterday's CPI was in line with expectations, and the data was positive, but the core indicators related to inflation are still rising, which is what I have been saying before that the Fed is worried about.

But the market is still going against it, and the market only likes good news.

Let's first look at the test of the upper edge of the monthly VWAP value range in the evening. If it breaks through and stabilizes here, there is a probability that it will continue to test 4120.