sitox/Getty Images
- The stock market is staging a technical breakout that is bullish for equity prices into year-end.
- Stocks surged on Tuesday after the October CPI report showed inflation is cooling down.
- Here's where the S&P 500 goes from here after the bullish technical breakout.
The stock market is in the midst of a bullish technical breakout above key resistance levels, and it suggests more upside ahead.
Stocks surged on Tuesday after the October CPI report showed inflation is cooling down, sparking a sharp decline in interest rates and a 2% surge for the Nasdaq 100 and S&P 500.