SPDR S&P 500 ETF TRUST

SPY GETTING CLOSE

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Everyone loaded on puts but the market pushes higher. This is how bear markets end an unforeseen catalyst that is obvious in hindsight forcing market participants to acknowledge what’s been right in front of them. Now we have 2 inside bars on the daily chart everyone is trapped so don’t feel bad. But there’s going to be a violent move up or down as we all wait for Wednesdays FOMC which 50 bps will crash the market 25 bps will keep it sideways and a pause will send it up. The dot plot is what I care about it comes out every quarter let’s see how these geniuses see the future. But this bank stuff is an opportunity like I said before, for now we wait as tomorrow will be choppy.
As always trade what’s in front of you good luck

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