Good Morning! Friday’s session in the SPY was rough on bulls, with the ETF gapping below the 50 day simple moving average and remining there for the majority of the session. This makes today’s session even more important, as even though the SPY has broken the 50 SMA a few times this year, it hasn’t had consecutive closes below that level since November 2nd and 3rd. The banks led the way down, with continued selling post FOMC. Tech held up much better, with the QQQ putting in an inside day after Thursday’s push to new highs. Still some room to new highs for blue chip names like AAPL and AMD.