ArcadiaTrading

CPI, QQQ Triple Top, KRE / XLF sector, Rate Hikes

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NASDAQ:QQQ   Invesco QQQ Trust, Series 1
- CPI data tomorrow will likely determine if we can break that triple top on QQQ

- money rotating around today to tech sectors no a complete FEAR day where money is leaving the market.

- KRE / XLF ETF needs to bounce for SPY to bounce

- 0.25bp current priced in at 62%, and a pause at 38%

- if we break that triple, im looking for a daily bounce and would liking be more long bias then.

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