SPY HERE WE GO AGAIN

Sounding like a broken record with these data event’s every one of them is more important then the last, it’s fun sometimes but the market is so boring in a bear market but this is where we learn the most. So tomorrow we know about the PCE if it comes in hot the market is going to think 50bps next rate hike which would catch everyone off guard and boom goes the dynamite. We also have 5 feds talking all day along with consumer sentiment data and new home sales data. Tomorrow wouldn’t be a bad day to watch and sit on your hands, wait for your set up then attack don’t force trades as a trend day is likely. Don’t give back profits on the last day of the week. 394 or 404 for targets
As always trade what’s in front of you good luck