POWELL DIDN’T SAVE $SPY ⚠️

S&P 500 slipped 0.71% to 6,323 and the Nasdaq dropped 1.15% as Powell’s no-hike signal failed to lift risk appetite. Institutions are treating the move as a liquidity warning, with momentum names giving back ground and defensives likely catching relative demand.

This matters because the market is rejecting the usual dovish impulse, and that often means sellers still have control. If the bounce can’t hold after a Powell relief setup, the next move tends to be driven by real flow, not headlines.

Not financial advice. Manage your risk.

#SPY #NASDAQ #MARKETS #TRADING #WALLSTREET

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SPYon

Alpha

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