SPY Short

With CPI coming in hot and the fed having FOMC next week I don't see how they don't raise by 75 BP.

MACD is in a downtrend, as well as the RSI being slightly oversold.

This market is so unpredictable, the problem is its going to take time to see results from the rate hikes. I do believe the fed could over do it.

for resistance and support it looks like 390 is a strong support, while anything above 404 for me would be a bullish sign.

currently have put options that exp 11/18 @ 370 .

Good luck to all ! trade smart