• Monday: Wholesale inventories @ 1000; Fed Williams @ 1615
• Tuesday:  Fed Harker @ 1600, Fed Kashkari @ 1930
• Wednesday:  CPI @ 0830 ⚠️; Fed Barkin @ 0900; Fed Daily @ 1200; FOMC Minutes @ 1400
• Thursday:  Jobless claims & PPI @ 0830
• Friday: Retail Sales @ 0830, Fed Waller @ 0845, Industrial Production @ 0915, UMich @ 1000 ⚠️

• Last week:  I didn’t make any trades after Monday. 🤯
• Economic calendar:  We’ve got FEd Speakers sprinkled all over the week, CPI & FOMC minutes on Wednesday, PPI Thursday, and Retail Sales Friday.
• This week is focused on the Fed Trade/Inflation Trade.
• PCE came in lower than expected - bullish.
• Jobs came in solid still - bullish for economy, gives Fed a little more room for another hike.
• CPI is on Wednesday - that one might be tricky for the bulls.  It’s expected to be a bit sticky and even tick up a little. ⚠️
• Nothing has changed in my strategy/view from last two Sundays.  The bulls are still favored overall and I’m looking for go-long opportunities.
• Technically though - we’re staring down a pullback.   It tried on Wed & Thu, but then Friday did its normal “nope”
• We’re very close to the 100 & 200 MA crossing (100 pushing up above 200).  The last time this happened on QQQ daily chart was May 2019.
• If history repeats, we’re going to get a pullback (now) and then a solid run to 330/340 - which would support the narrative of bull run into May 3 FOMC Meeting (I’ll be on sidelines for that - could go either way)
• I’ll be looking for this.

• QQQ 200 MA: 291.51 (trading way above) 
  • 100MA is about to cross upwards over the 200MA - bullish
•  
• SPY 200 MA: 393.46 (trading well above)

• QQQ +/- 7.8
• SPY +/- 7.6

• Current position: I’ve got MNQ short (mini NASDAQ futures).  Looking for this pullback I see on the chart.
• Will let that play out - 313? - then look at Friday’s data to go long.
• I’m in no rush