Watchlist 2023-04-11 $SPY $BABA $CVNA $TQQQ $SQQQ $SQ

SPY - all eyes on US inflation rare YoY numbers, Consensus is 5.2%. If we get 5.1-5.3% I think it is too close to call and would be best to wait for open for a trend to join on pullbacks.
<5.3 is a sell immediately, weak names with high betas like SQQQ, BABA
>5.1 is an immediate buy, strong names with high betas like TQQQ, SQ, IONQ CVNA, GOOG

For further confirmation of a trend day, watch for:
ADD pinned near +\-2000
VVOLD ratio over +/- 3
TICK cumulating past 0 wicking to +/-900