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Pullback overnight then strong breakout, looking good for now. Trend day possible either up or down.
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Powell said, the economy has evolved in a way that allows the Fed to keep rates much lower than it otherwise would without igniting price pressures.
“The economy is always evolving,” Powell said. “Our revised statement reflects our appreciation for the benefits of a strong labor market, particularly for many in low- and moderate-income communities and that a robust job market can be sustained without causing an unwelcome increase in inflation.” https://apnews.com/507c21034e441490006e877b080d9584
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.