Market Report Jan 19 2023

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Market Report for Jan 19 2023

S&P 500 and Nasdaq Daily Charts

Stocks and Commodities Price And Percent Changes

Wednesday we had the PPI number which the premarkets reacted to positively but as the RTH session progressed, the stocks began to see weakness, especially in mega-cap and the day closed with the S&P 500 back below its 200-day line.

VIX is back slightly above 20 mark so now we will watch the reaction and any follow-through from yesterdays market before considering our next move.

Let’s go trade!