SPYvsGME

Inflation Inflection Point

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Big week kicked off with a positive gamma exposure across the S&P 500 on Monday.

Check out my post on DDOI Gamma Exposure if you want to understand why I think we're going to break the 200D moving average.


I think this pattern changes the next 3 months and we begin to digest 2022 and begin 2023 forcasts.


I was surprised by TSLA selling off yesterday as the S&P 500 increased incrementally throughout the day.

Inverse Head & Shoulder is still valid, but barely. A Double bottom looks more likely now.

Some special charts tomorrow for Jerome Powell FOMC.

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