SPY 2025
Today’s conference was interesting, the main thing that caught my ear was inflation sticking around until 2025 as the headline inflation goes down the core is staying higher. Also he’s not against two more consecutive rate hikes, for sure we will see one in July and most likely in September. We still had a nice rally today however we sold off at 437 which was no surprise. Interesting 453 ghost spike happen today and normally we do go to those ghost spikes I have noticed in the past. It’s looking like the rest of the week will be green even though we had a sell off at 437. Also we are back to good news is good news for the market, something to keep an eye on. I am bullish the rest of the week bring on 440 again. Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength. Schwarzenegger.
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.