SPY COOL DOWN

I’m a little surprised with the price action today with the news of lower job openings since May of 2020. This is a good sign for the fed job killing task also this might pause the rate hike in May. But the real market mover might have been Jamie Dimon coming out talking about banks still being in trouble in the future, what a genius take on future financial crises or maybe everyone was watching Trump news today lol. On other news Australia pauses rate hikes Finland may also pause today, it’s looking like global banks are finally beginning to chill out which should lead to US pausing. As long as VIX stays under 20 except the bullish talk honesty I don’t see going under 400 while VIX is under 20. So pullbacks are expected the fibs are showing a good 403 or 405 before we continue the move up. Remember being in this market is like reading words that haven’t been written yet also we see all this macro stuff but no one knows which quarter it’s going to happen in.
As always trade what’s in front of you good luck