It has been an interesting few trading days, SPY seems to want to make a run back above the 400 range, but we are observing some pretty uninspiring volume on our way to getting there. The market is waiting on something. Perhaps GDP and PCE reports will be a catalyst? I personally am not overly optimistic on reaching new highs anytime soon.
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Another significant gap up today, but volume still in the gutter. What gives in this market?
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Anyone else getting absolutely smoked on shorts? 💀💀