FOMC MEETING

17 Jul 2023

Spy is on the come up 453 is next test pass that point 458 but with fomc meeting next week spy could see a decline. So lets time this out next looks green a couple more days of green but if spy gets lower then 447.50 then we go to 444-440 balling it. it can go that low if the fomc meeting goes south. but looks like we are in rise up is this a bubble or actually growth hard to say many stocks are still down and spy is a technology ETF. but if still stay green watch for 453 rejection once passed we go to 458 but watch for 453.