AMEX:SPY   SPDR S&P 500 ETF TRUST
We had a nice pullback today looks like the collective is waiting on Wednesday and Thursday testimony on capital hill about monetary policies and how hawkish will Powell be. So in all expect some crazy moves starting at 10am Wall Street time. Keeping it short since there no real prediction on what will be said. But he will have the opportunity to clarify the message for interest rates since he left everyone confused so hopefully we have a better picture once he’s done messing up the market. I’m personally taking the day off, you never know what will happen with these things. Everyone thinks of changing the world, but no one thinks of changing themselves.
As always trade what’s in front of you good luck
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