Testing 438 & 437 level in the next 5 days.

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.