Plus, I reveal the hardest part about being a trader⦠                                                                                                                                                                     12/02/2022 Itâs Friday Q&A time! Hey, Happy Friday, Evolvers! Yesterday, we saw a consolidation day in the major indexes as traders digested Wednesdayâs massive surge to the upside. The huge market boost followed uncharacteristically dovish comments from Federal Reserve Chairman Jerome Powell during his speech at the Brookings Institute. After four months of consecutive 75-basis point hikes, the market has been looking for a signal that the Fed will begin slowing down. And it got that signal on Wednesday⦠The big underline was the following ⦠Powell said, [âthe time for moderating the pace of rate increases may come as soon as the December meeting.â]( He couldnât have been much clearer than that, and the market responded with unbridled enthusiasm, sending the S&P 500 ETF Trust (NYSEARCA: SPY) up as much as 3% intraday. That said, weâre getting mixed signals ⦠The SPY is now teetering around an incredibly strong resistance level at $410. (Notice that yesterday, the SPY topped out at $410.00 ⦠to the cent!) Now, the question is this ⦠are we seeing a bull trap, or the beginning of another big leg up into the yearâs end? After such a big move up, how the SPY reacts next week will be crucial to bet on future direction. But for now, itâs Friday ⦠so itâs time for our Q&A! Click below to see my answers to your burning questions⦠[>>Click Here To Read The Friday Q&A<<]( Keep evolving, Mark Croock Editor, Evolved Trader Daily P.S. Thereâs no better way to trade this volatile market than with options. Iâve [made millions]( trading them, and I outline how I did it in my brand new eBook. [Click here to claim your free copy.]( sponsored [Did You See Timâs Video?]( Tim Sykes has been making money on weekends using this strategy he talks about in this video... If you missed it -- youâre in luck... The [replay]( is still available. Tim reveals how you can level up your trading skills by taking advantage of the weekends. [Click here to watch.]( sponsored [Discover the secret Tim Sykes used to supercharge his small account and grow it into a fortune!]( Many of Timâs millionaire students have already discovered it. And theyâve gone on to make a fortune for themselves⦠Will you be next? [Click here to find outâ¦]( [Alternate text] 66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here To Unsubscribe]( All content in this newsletter is intended for educational and informational purposes only. The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following Evolved Trader Daily strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by Evolved Trader Daily to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.