SPX500 Analysis Stocks had a rocky start this morning but are up overall ahead of inflation numbers this Friday./ Last week's NFP came in stronger than expected but still added less jobs than last month while the unemployment rate ticked up a tenth of a percent. On the 4H, price seems to be bouncing around inside the wedge pattern. So, the index may retrace on the highs and test the bottom of the wedge again, or it might try to break out and touch the $4190s. A lofty price target this week could end up around $4300 if markets are bullish, while the $4070s seem to be a good level of support if markets turn downward.
