Indicators are neutral, PCE numbers Friday premarket and possible fed shutdown Monday. If McCarthy decides to make a deal with the Dems and pass a spending bill without the 9 hardliners, then we'll probably see a big gap up and a melt up.
McCarthy's Dilemma:
www.bbc.com/news/wor...d-us-canada-66947095
Made some money today, gonna stay cash until next week. I was thinking about shorting, but I'm a chart reader, not a political expert, and certainly can't read McCarthy's mind. Any position over the weekend is a bet on McCarthy. I'm staying out. There's obviously a lot of people betting on McCarthy to pass the senate bill with Democratic help.
Good luck.
McCarthy's Dilemma:
www.bbc.com/news/wor...d-us-canada-66947095
Made some money today, gonna stay cash until next week. I was thinking about shorting, but I'm a chart reader, not a political expert, and certainly can't read McCarthy's mind. Any position over the weekend is a bet on McCarthy. I'm staying out. There's obviously a lot of people betting on McCarthy to pass the senate bill with Democratic help.
Good luck.