The analysis discusses market expectations for the upcoming week, focusing on inflation numbers (PPI and CPI) scheduled for release. The technical analysis covers the S&P 500, currently trading within a rising wedge pattern, the support price is 6345, while there's other support in the prices 6300 and the fail price for this analysis is 6532. The NASDAQ is also analyzed, showing higher highs and higher lows, with a potential support level around 20500 and 21000 . The analyst quotes from Howard Marks of Oaktree Capital, discussing market cycles, current valuations, and potential bubble formation. He notes a 16-year bull market without significant correction and valuations seem very expensive relative to fundamentals for a lot of companies