$SPY -- Long or Short

12 Eki 2022

--SPY hold tight on the life support level waiting for PCI
--Inflation peak yet?
--Depends on CPI report, lower than expecting # might see a bounce or another leg up
--Higher than expected, leg down for sure.

14 Eki 2022

Not

CPI: 10/13 at 8.2 down from 9/13 8.3
still above 8.1 expected. I think market sell off because of higher than expected, but lower than previous month. hence, a bounce of the low
Expecting the FED to keep rate at .7 in Nov. 2