Good Wednesday morning,

Same thing again and again and again! lol This is awesome! You can't make it up. Buy buy buy and keep buying! Is it Groundhog Day or the Twilight Zone for the bears?! Well, whatever you want to call it, this is truly incredible. Buyers are still firmly in control, but as the market keeps melting up, the odds of a liquidation break increase with each passing day. Just be on the lookout for the rug pull!

Also, expect HUGE volatility today and the next as we have a Fed announcement today at 2:00 p.m. EST, followed by Fed Chair press conference at 2:30 p.m. EST, AND major earnings tonight after the close with META, MSFT, and GOOGL! Tomorrow we have AAPL and AMZN after the bell! Big time fireworks coming!

📊 In the profile pic and key levels, futures are higher again, but not on a true gap outside of the prior day's high. The major key level for today is the POC and overnight low at 6,925.75. As long as price stays over this level, then the bulls remain in control, so look for a move back over Tuesday's high at 6,944.75, then the overnight high (which is the new all-time high) at 6,949.25, then upper targets. If sellers can take price below 6,925.75, then we will be looking for the VAL (Value Area Low) at 6,911.75, then the prior day's low at 6,903, which is in our lower target range.

Futures are currently trading at 6,942 at the time of this writing.

🧭 VPOC Update: No new VPOC's added or taken out yesterday, so we still have 9 below with none above!

Current VPOCs:

• 6,830.00
• 6,774.50
• 6,562.25
• 6,529.00
• 6,502.50
• 6,450.00
• 6,396.50
• 6,373.25
• 6,310.00

TARGETS AND KEY LEVELS TO WATCH:

/ES upside target is: 6,980 - 6,990

Key Levels: 6,925.75 POC



downside target is: 6,905 - 6,895

/NQ upside target is: 26,460 - 26,490

Key Level: 26,231.50 Prior High

downside target is: 26,060- 26,030

/RTY upside target is: 2,545 - 2,555



downside target is: 2,485 - 2,475



Economic Data:

International Trade in Goods @ 8:30 a.m. EST

EIA Petroleum Status Report @ 10:30 a.m. EST

FOMC Announcement @ 2:00 p.m. EST

Fed Chair Press Conference @ 2:30 p.m. EST

More Color By: Rich Rickus

1. /ES - Key Demand $6925-6930 then with Supply above at $6950-6940

Bullish : Sellers trapped above 6925 looking to play a break and retest above $6930 long targeting $6945 then $6961

Bearish Buyers trapped below $6920 looking to play short after a break and retest below $6915 targeting $6900 a break down into $6890s

2. SPY Key demand at $685-686 and with Supply above at $689-688

Bullish Sellers trapped above $685 looking to play a break and retest from $686 long targeting $687 then a breakout into high $688

Bearish Buyers trapped below $685 after a break and retest below $684 targeting $682 then a breakdown into $680

3./NQ Key demand at $25700 then at 26150 with Supply above at $26310

Bullish Sellers trapped above $26150 looking to play a break and retest above $26200 long targeting $26300 then a breakout back into low $26325

Bearish Buyers trapped below $26150 looking to play short from below $26130 targeting $26100 then $26050

4. QQQ Key Demand at $633 then at 629-620 with Supply at $636

Bullish Sellers trapped above $633 looking to play a break and retest from $634 targeting $636 then a breakout into high $637

Bearish Buyers trapped below $633 looking to play a break and retest below $632 targeting $630 then $629

Have a great day!