SPDR S&P 500 (SPY)

[trendzone]

The issues going on in the red sea affecting the cost of shipping around the world,could eventually have an affect on fighting inflation,and put a big damper on the Wall Street fantasy pump crowds delusional six Fed cuts this year, if the red sea situation gets worse over the next few weeks and months, it's highly unlikely that the Fed won't be doing any cuts at all for many months to come,and that would be the music getting turned off,and many thousands of pumps caught with no chairs left to sit in,and lots of red bags handed out to the majority of fomo chasers.