AMEX:SPY   SPDR S&P 500 ETF TRUST
The last 30 minutes was a reminder of those bloody moments that can happen at any time, protect your capital at all times when day trading it looked like a quick hedge against CPI. Speaking of CPI since it’s coming out with the FOMC minutes later I wouldn’t be surprised if we hit 414 then sell off after the FOMC not because of what there minutes say just because it’s a strong resistance. I think the big money is looking for Friday bank earnings so I wouldn’t be too bullish after we hit 415. It is not what you want that you attract, you attract what you believe to be true, N.Goddard
As always trade what’s in front of you good luck
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