SPY running up prior to a week of horrible news?
I know I’m new but when I went bullish on Monday I didn’t expect 150 point run up in a week. Now the week is over and reality needs to come back into the market. We have a whole mess of things that could derail this run; A trade war, inflation data next week, China possibly black listing American companies. A market running higher because the fed may cut rates in June just seems unlikely. Along with any agreement at the G20 at the end of June.
So I say we will retest lows.
So I say we will retest lows.
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