CPI this morning; in line with expectations; PPI tomorrow Fed Chair Powell Speaks Tomorrow $SPY closed with a daily inside bar $QQQ broke over yesterday’s high - $SPY wasn’t able to break prior day high- bringing back the market a bit $DXY continues on its rampage –impacting commodities negatively Tech held up better than most -keeping the market propped up a bit. $XLV daily HL the more likely scenario; at the daily 200MA; hourly RSI approaching oversold
Crypto Consolidation BEGINS
CPI this morning; in line with expectations; PPI tomorrow Fed Chair Powell Speaks Tomorrow $SPY closed with a daily inside bar $QQQ broke over yesterday’s high - $SPY wasn’t able to break prior day high- bringing back the market a bit $DXY continues on its rampage –impacting commodities negatively Tech held up better than most -keeping the market propped up a bit. $XLV daily HL the more likely scenario; at the daily 200MA; hourly RSI approaching oversold