SPY WHATS GOING ON

It was nice to take the week off but to comeback to this come on already. It’s not a good sign when the VIX is up 9.51% and the S&P is up 1.40% this is a bearish sign 70% of the time what do you think. Personally I think the VIX is planning for a bearish FED and S&P is loading up for a cooler CPI. So we all know tomorrow is CPI pre-market expect a trend day which way we’ll find out within the first 15 minutes. But I believe a 7.3% will send it pass 400 with a little help of covering. But keep in mind this market is wacky to say the least the last time VIX was at 9% we were down 2% just last week damn this market has short term memory. I hope everyone had a great weekend and looking forward to this crazy week with OPEX wrapping up Friday $3.7 trillion expiring
As always trade what’s in front of you good luck