$SPY Big Week Ahead 📈 CPI + PPI Could Trigger a Gamma Squeeze Toward $785
BIG WEEK for $SPDR S&P 500 ETF Trust(SPY)$ !
🔥 Two major inflation catalysts are coming:
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Wednesday: CPI
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Thursday: PPI
I’m looking for softer inflation readings, which could strengthen expectations for a Fed rate cut on October 28.
If both CPI and PPI come in cooler than expected, markets could reprice rate-cut expectations quickly and fuel a massive gamma squeeze.
🎯 Upside target: $SPY $785
The setup is there, but the inflation data needs to cooperate. Hotter-than-expected numbers could flip the script just as quickly.
Watch the data. Watch the reaction. If inflation comes in soft and momentum builds, $785 could come into play. 🚀
Markets are always moving - and sometimes, the best move is knowing what works for you.
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