1/23 Wednesday Trading Plan
📊 Market Sentiment: Bullish
🌍 Global Financial and Economic News:
📉 Support Levels to Watch:
📈 Resistance Levels to Watch:
📅 Trading Plan for Wednesday:
🛑 Disclaimer:
This analysis is for educational purposes only and is not financial advice. Market conditions are dynamic and subject to rapid changes. Consultation with a professional financial advisor is recommended before making trading decisions.
🌍 Global Financial and Economic News:
- S&P 500 notches third straight record high close
📉 Support Levels to Watch:
- 4887-90 (Major)
- 4883 (Major)
- 4875 (Major)
- 4866
- 4860 (Major)
📈 Resistance Levels to Watch:
- 4901
- 4907-09 (Major)
- 4914
- 4925-29 (Major)
- 4935
📅 Trading Plan for Wednesday:
- Bull Case: Focus on maintaining support levels, especially above 4828-31, to continue the upward trend.
- Bear Case: Watch for breakdowns below support levels, particularly at 4875, to identify bearish trends.
- Strategy: Adapt to real-time market conditions, emphasizing level-to-level trading around support and resistance levels.
🛑 Disclaimer:
This analysis is for educational purposes only and is not financial advice. Market conditions are dynamic and subject to rapid changes. Consultation with a professional financial advisor is recommended before making trading decisions.
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