Taking advantage of the rebound in technology stocks, the S&P500 index closed sharply up 0.84% at 4521 points yesterday. It should continue its momentum today, with an initial gain of 0.9%, in the wake of Europe and the relaxation observed on rates.
Traders will thus pay particular attention to the CPI index that will be unveiled tomorrow in the United States (consensus 0.4% against 0.5% last month). Today, statistics are few and far between. The stocks of wholesalers will be unveiled at 16h and the oil stocks at 16h30.
In hourly data, the S&P500 index is in a phase of horizontal consolidation. It will be necessary to wait for the release of the 4451/4610 points to have more visibility on the upcoming orientation.
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