📊 $SPY Market Outlook - OPEX / Back in the Channel
OPEX is here and after the snap-back rally from FOMC we are back in the daily channel after wicking below with Warsh’s comments. Overnight we pushed into 7675 and rejected and are now back below 7650.
Upside Scenario (if we can hold 7625 and push):
📈 Next Targets: Work back through the range into 7650, 7660, and back into the rejection spot at 7675
Downside Scenario (if we break below 7625):
📉 Immediate Support: Work back down to 7615 and 7600
“My Blue Heaven” starring Steve Martin and Rick Moranis premiered in theaters today, in 1990.
BITE-SIZED FACT: The comedy reunited Martin with director Herbert Ross, who had previously directed him in “Pennies from Heaven.”
Woke up today and thought to myself, I've helped make other people thousands upon thousands of dollars in some cases. I think its finally time to take my own advice and take this up a notch for real. 🧐🤓🫡😤