US inflation (CPdue for a pullback but has much higher potential
The exit from the 50 years wedge looks highly bullish with target between 9% to 12%.
Short term is overbought so a pullback is probable but the longer term trend seems higher.
Short term is overbought so a pullback is probable but the longer term trend seems higher.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.