AllTechnical Analysis
logoArgusMay 17, 2021

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term

The stock market was slammed by not one, but two concerning inflation data points last week. The consumer price index for April jumped by 0.8% month-over-month and by 4.2% year-over-year. The producer price index was even more concerning, rising a lesser 0.6% month-over-month but a higher 6.2% year-over-year.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free