SPY SHOOTING STAR

I’ve been talking to traders and one thing is for sure “confusion” when will it make the move. Who knows but todays rejection at 393.70 shows that people were cashing out of the casino. The market continues to be a scalpers and day trader market. If you like a stock dollar cost average in or percentage average in and hold. Tomorrow Powell is talking early in the morning pre-market so sell off before open then rip up maybe people start front loading the CPI on Thursday the rumor is rally on the streets. Which if it does run they might make the 50 bps move in February to check all the degenerate’s out here. The market is delusional on how to price in the FED moves looks like we are waiting for the economy to weaken. Keeping it short dinner is ready see ya tomorrow
As always trade what’s in front of you good luck