The S&P 500 E-Mini futures (ESZ24) experienced fluctuations, with a recent trading price of 5,823.50, reflecting a decrease of 17.75 points, or 0.30%. The market has shown a range-bound pattern, with key resistance levels identified between 5814 and 5842, and a breakout point noted at 5808.50. Analysts suggest that for a bullish trend, the futures must clear 5847 to target levels of 5863 and 5879. Conversely, a breakdown could occur if the futures drop below 5811, which would lead to further declines. The Consumer Price Index (CPI) data released earlier today indicated inflation rising above estimates, contributing to market volatility. Additionally, the Producer Price Index (PPI) is expected to be released tomorrow, which may further impact trading strategies. Overall, traders are advised to be cautious and have clear plans as the market remains choppy and uncertain.