SPY MEGA TECH RALLY
CPI came in at 4.9% YoY for the first time in 2 years we are under 5% I would like to see the revised numbers next month. Late afternoon we had a tech rally lead by google that just created the V shape recovery. Tomorrow we have PPI and unemployment claims at 8:30am eastern. Todays rally was sweet but it looks like a bull trap to me I’m looking at 414 to break and hold for the day in order to not be fooled. Keep an eye on the dollar oh DXY is looking ready to rally. Nothing can be achieved without knowledge and yet everything can be achieved just through a pure heart. Self control is strength.
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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