SPY READY TO BREAK
There’s so much pressure right now and tomorrow will be the relief for whichever way we go. Bears are in control obviously. We have 2 CPI datas before the FOMC meeting on December 14th if we get high numbers tomorrow the box I drew might get blown out to the downside. Lots of problems out there, housing bubble is about to pop, cars are being reposed people are upside down on there loans, the 10 year yield had a major dip today, crypto is well you know possibly going to be the black swan for the market. Be careful out there sitting on your hands and watching is a move. Reminder for small accounts banks are closed Friday so if you trade tomorrow your money won’t settle until Monday if you trade Friday it won’t settle until Tuesday so keep that in mind please make sure you plan your move
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
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