we have seen the low for the day — just like yesterday when PPI was reported, the reaction low took out all the stop loss orders and shorters start covering.
we have seen the low for the day — just like yesterday when PPI was reported, people started covering their shorts after the reaction low.
unrounded CPI number — Unrounded, the CPI rose 0.796% last month. The core CPI advanced 0.275% unrounded