A Pivotal Fed Moment for Markets?

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-Breaking bad, outside the volatility box
– where we are headed, /ES levels you need to know
-Big, bad, and ugly, a tech earnings slaughterhouse
-100 billion reasons to be concerned about tech
-Will the Fed dove out? Probabilities of hiking!
-GDP was great, durable goods a disaster, PCE as expected
-short something? Here are a few ideas

SPX Expected Move–
–last week–   113.92  (expected move)
–next week–  118.51  (expected move)

 

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