CPI Data collapses US markets - Watch For Rally/Reversion higher

Cycle patterns indicated a GAP/TOP for Monday/Tuesday. Then, they indicate a potential reversion/rally for Tuesday/Wednesday.

After watching the deep selling related to the CPI numbers, I would not be surprised to see a very strong rally/recovery over the next 48 hours in the SPY and other US Indexes.

News-based reactive moves like this are often erased over the next 24 to 48 hours as traders realize the true capacity of the future economic trends.

Stay tuned.