SPY -all eyes on CPI data this morning. Consensus is set at 5.0% YoY and .04% MoM. YoY decreases slightly to 4.9% and MoM came in slightly higher at 0.3% which is virtually in line with estimates. The market has taken this a bullish data point. Wait for quality pullbacks to get long into this and remember the market internals below for a trend day. For further confirmation of a trend day, watch for:
ADD pinned near +\-2000 VVOLD ratio over +/- 3
TICK cumulating past 0 wicking to +/-900
UPST - soars 40% after upbeat earnings outlook, funding progress. This has the highest short float in large cap stocks at 35%. Don’t' be fooled by the 40% gain for 5 ATR gain since it's down 96% since the top. This is finally a reason for shorts to get out of this positions. Want to fight for a good price getting in near the 18.50 bottom, while still ensuring the buyers are in control. Support 18.50
Resistance 20.50
Inflection 19.50
NVAX - day 2 continuation over 9.90, currently sitting at pivot support high and has plenty of room upwards. It's a long over 9.75. 
PLUG - looking for a buy near the top of the range from late PD 's session at 8.07. if it's over this level it's a long
TWLO - if the market turns red, TWLO is perhaps a good name to be short. Other Watches. Anchored VWAP shows that any buyers who bought the drop on Nov 4 2022 are now deeply underwater as that value is 56.87. We will have to watch for a clear reject to risk off of because there is too much risk in a tending down stock like this in the PM.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.