Replies to post #193388 on SPDR S&P 500 (SPY)

[fitzwell11]

I agree, I think this correction was set up perfectly last week before Yellen spoke. Fundamentals, chart, earnings all point to a pullback, but the FOMC never ceases to amaze me with their dovish comments. Every time I think the market has already factored slower rate hikes in, it spikes again. I was originally expecting a pullback to $197 range.