• Futures gapped way up on Monday night and setup a nice bullish day for the Indicies
• JPow had a press conference that ultimately confirmed his hawkish stance and once he was done, it sent the market upward. 
• We are in a bear market rally. 23 point move on the SPY in 3 days is wild. 

• Nothing major on the fed calendar for Wednesday. 
• Earnings for consumer services giants Target, Lowe's, TJ Maxx, and a few others. 

• QQQ held the 301 support today and proceeded to move higher on lower than average volume. This looks like a move to entice retail investors to buy this rally up. I will not be surprised if we hit 317, if the retail crowd gets over it's PTSD from the carnage of the last few weeks. Looking at calls if we move higher in futures tonight. 
• SPY held 403 beautifully and rocketed up to close above 408.  Energy sector really helping push this a little higher than QQQ. Just the same as the QQQ, SPY is now looking for any dip busts to move it higher. I think they start to show up tomorrow. 

• $QQQ - for calls 305 > 307 > 310 
• $QQQ - for puts 305 > 301 > 298
• $QQQ price target for this rally is 317
• $SPY - for calls 407 > 410 > 412 
• $SPY - for puts 407 > 405 > 403
• $SPY price target for this rally is 420