A hiccup, or the start of a correction?

Mid-week market update: The hot CPI print on Tuesday spark a massive risk-off episode. The S&P 500 staged a partial recovery today. The key question is, "Is this just a hiccup in the bull run, or the start of a correction?" The stock market has been ripe for a correction for some time. The percentage of bullish stocks on P&F charts has flashed a negative divergence, which has usually resolved in a market downdraft.
 
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