NQ Reverses to Powell Pro-Inflation Comments

The whole move to this point is a pullback in light of surging inflation, and likely sector rotaton from tech and into energy, materials and financials. Below 16,000 and it will start reversing the initial reaction rally. Powell started talking at 15,910. I have no forecast, but I will say it feels like the NQ could close below yesterday's low and even take out the December 3 low into OPEX tomorrow.