Don't take one in the shorts

Powell's dovish left hook, took out the bears

Hi all. It was quite the rip on Wednesday followed by chop yesterday. Is it continued strength or just short covering? With no pullback yesterday and Net Options Sentiment rising yesterday(look at SPY in your Prospero app),

I think the bull run continues and we are looking at SPX 5300 by month’s end. Note the chart below, you will see the next higher gamma strike is 5300 with strong support below it.

I will look to put on an SPX trade today, by end of day and I will post it in the discord when I execute it.