• SPY traded 390 to 398.50 today, +7 for the day - nice.
• Bulls were in control all day, which is what my Week Ahead was calling for
• I’ve played calls twice this week and both times worked out nice.  VIX, DXY, and TNX all cooled off and we went boom.
• I’ve bought two SPXp at key levels (393, 396), but I’m just shopping.  They’re for November 30.
• Brainard spoke today, but there wasn’t nothing new.

• SPY levels:  385, 390, 396, 400, 405, 410
• Chart - Weekly: Neutral, looking for a direction, but the Ripster Cloud cross DOWN remains in place.
• Chart - Daily: Bullish - big bounce off those almost oversold technicals.
• Chart - 4h: Bullish as hell - this was the chart that called today and the one that will call tomorrow..

• Technicals all point toward a bullish Thursday.
• The direction will be set in premarket with two items
• ECB will announce its rate hike - which is likely why you saw the DXY cooling so much today
• JPow speaks at 9:10am - I don’t expect much out of this.  What else is going to say?  No new data to talk about.
• Only way I can see Thursday not ending green is if the action we saw today was the pricing in of tomorrow’s ECB hikes - certainly possible.
• REMINDER: CPI is next Wednesday - September 14.
• REMINDER: FOMC is September 21.  It seems like a lock we’ll get another 0.75% now, unless a jobs report of the final CPI shock and awes.

• I closed my calls out before the close, but I’m probably going to regret that by the open.  It was a hell of a run though…
• I’ll be looking to throw another SPXp in my shopping cart on a break above 401; and another at 405/407