Good morning and happy Wednesday! Markets are looking strong going into open. $SPY is green after a rough futures session, and it is going to be an intense time. With PPI data coming out pre-market, we are going to see a significant amount of movement resulting in momentum-based trading throughout the rest of the day. Please be diligent while trading today, and do not over-trade. Seize the opportunities that are available today and realize some gains.Trading today will be extremely momentum based with the aftermath of PPI data. Ideally, PPI data comes out in our favor and pushes $SPY above the $400 resistance level with a significant amount of confidence. This is obviously the most ideal situation, but we will have to watch and wait until the economic news is out for the morning to be a judge of the direction of the markets.Full Report and Watchlists
