CNBC's Jim Cramer on Tuesday said that the market's current rally could last through the middle of next month, leaning on charts analysis from Jessica Inskip, OptionsPlay's director of education and product. "The charts, as interpreted by Jessica Inskip, suggest that this rally could potentially have real legs, at least through mid-December. Things could change as we get closer to the next Fed meeting a month from today, but in the meantime, there's a lot to like about this market," he said. Stocks rose on Tuesday after the October producer price index data signaled that inflation is cooling, just one week after a lighter-than-expected consumer price index report indicated that the prices of goods and services are increasing at a slower pace. In addition, the Federal Reserve's next meeting and the November consumer price index data release don't take place until next month.

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