Hello SpikeTraders,Markets closed lower on Friday as the Dow Jones Industrials lost nearly 900 points on Friday and the S&P500 closed below its 4000 level. All three major Indexes gapped down and traded near the lows of the day for the remainder of the day. Reports showing inflation has not slowed down. The consumer-price index in May showed U.S. inflation increased to 8.6%, topping the 40-year high of 8.5% reported in March. Let's look at the charts...