V2 Model June 13 2023 CHANGE

The Fed Discussion Tomorrow Will Set The Next Trends!

Recap

Today's trade was decidedly upbeat. The major indices all closed near their best levels of the day, paced by the Russell 2000 (+1.2%). There were a few positive catalysts supporting the upside bias, but this morning's pleasing CPI report was the biggest driving factor. That report seemed to corroborate the market's view that the Fed will not raise rates tomorrow and diluted expectations of a rate hike in July.

V2 has been up the past few sessions and will make a change during tomorrow’s session.

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