PlayerInvictus

Testing 438 & 437 level in the next 5 days.

Long
BATS:SPY   SPDR S&P 500 ETF TRUST
Papa powell didn't said much meaningful other than inflation being still high af. Based on today's analysis, I see that interest rates are easing in the short-term and am expecting it to ease further. We'll probably see 438/437 level again before dipping. It doesn't really matter to me cause I don't swing trade. Nevertheless, I'm feeling particularly bullish if rates drop 60~80 bps, below what it is rn. At that point, SPY would probably make a recent new high.
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.