JB7oh2

SPY REALITY CHECK

AMEX:SPY   SPDR S&P 500 ETF TRUST
Oh yeah there’s still a war going on, what happened today goes to show how fast the geopolitical seen can effect the market. It’s sad that in today’s modern world we still have to fight wars, as long as they keep building there war toys they’re going to want to use them. Well today the VIX and S&P closed green that’s normally a bearish sign let’s see what comes out of all this mess. PPI was not that bad but Walmart already had the market going up pre-market. It feels like the bulls are having a hard time getting back, the volume was low once again almost like a rug pull is about to happen. We have a volume gap that can be filled quickly from 404 to 409 and that might be all we get out of this rally which has been pretty wild from that low of 348. I don’t know just doesn’t feel right this week I’m not saying load up puts or buy calls, like I always say I know nothing but if 389 comes around it’s over. Buyers are not stepping up. 0dte might be messing things up.
Today reminds of a Mike Tyson quote “everyone has a plan till they get punched in the mouth”
As always trade what’s in front of you good luck

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