SPY DATA DATES

All times are Wall Street hours
Monday- no big news events scheduled
Tuesday- Retail Sales 8:30am, FOMC member Kashkari speaks 11am
Wednesday- Building Permits 8:30, industrial production 9:15, FOMC meeting minutes 2pm
Thursday- unemployment claims and Philly fed manufacturing index 8:30
Friday- oil rig counts 1pm

So what did I miss while I was gone? Looks like a 10 dollar drop on SPY nice, looks like the dip everyone has been waiting for. Nice falling wedge set up look for 450 to break. This week’s news events aren’t as exciting as other weeks, I guess all eyes are on the minutes from the last meeting being released. I’m going to get back into the swing of things again it was nice to just live with out the market for a couple weeks I didn’t open tv until the other day and it puts things into perspective, the market will continue with or without you so take a break from it recharge, as they say absence makes the heart grow fonder.

As always trade what’s in front of you good luck
Trend Analysis

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