New Lows Ahead?

The SPY weekly squeeze is beginning to fire to the downside, nested inside of a 3-day, 2-day, and daily squeeze. The 4-hour squeeze officially fired on Monday, which could trigger the market to a new low. We’ll be closely watching out for any major catalysts to impact this headline-driven market, specifically on Wednesday during Federal Reserve Chairman Jerome Powell’s statement.

For more information on the Compounding Growth Mastery, visit https://bit.ly/3CJ4ORq