Market Outlook 02/17/21
Bears put a halt to the rally but unable to make any deep inroads so far. However, there’s light at the end of the tunnel for bears in the short term with /ES 3955-61 and 3975-84 being stiff resistances.
Events
Retail Sales and PPI data at 0830 EST
Inventory Data at 1000 EST
FOMC Meeting minutes at 1400 EST
The morning session may get some wide ranges but s…