T, W, Th, Fr: PMI, FOMC, Unemployment, PCI. TSLA bearish news on Recall. AAPL Bearish divergences and possible H/S playing out. Both weighted heavy on SPY. China-US relations heating up. More money sent to Ukraine.
Thinking of shorting, but we'll see. Not financial advice, just thoughts. $409-$411 resistance w/ support at $402-404. Previous weeks have signals for a big move, if price breaks and holds either range, I expect 3-5% moves in either direction.
Note
Revised for the short term: SPY hourly technicals point to bullish for the day atleast to around $414. Maybe Wednesday's news. We'll see.
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