The stock market was engineered higher on Friday ahead of the long holiday weekend and ahead of the debt ceiling shows.
Once the debt ceiling agreement has been decided and agreed upon the stock market is going to crash very fast until the Fed pause their rate hiking cycle and in fact restart QE again.
The Fed is likely to let the stock market collapse quite a bit before restarting QE because of the high inflation, which will sky rocket once the Fed restarts QE
On the intraday basis, 14,330, bullish above it, bearish below it.
