S&P 500 Index
Long

Nightly $SPX / $SPY Scenarios for 2.4.2025

85
๐Ÿ”ฎ

๐Ÿ“… Tue, Feb 4

๐ŸŒŽ Market-Moving News:
๐Ÿ“ข Tariffs in Focus: ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ”๐Ÿ‡จ๐Ÿ‡ฆ U.S. imposes 25% tariffs on Canada & Mexico, 10% on China, while Canada retaliates with 25% tariffs on U.S. goods.
๐Ÿฆ Central Banks: ๐Ÿ“‰๐Ÿ‡ช๐Ÿ‡บ ECB cuts rates to support growth, while ๐Ÿ“ˆ๐Ÿ‡ฏ๐Ÿ‡ต BOJ hikes rates, signaling diverging global monetary policies.

๐Ÿ“Š Key Data Releases:
๐Ÿ“‰ JOLTS Job Openings (10 AM ET): Forecast 8.68M (Prev. 8.75M)
๐Ÿญ Factory Orders (10 AM ET): Forecast +0.2% (Prev. -0.7%)

๐Ÿ’ก Market Scenarios:
๐Ÿ“ˆ GAP ABOVE HPZ: Initial push higher before rejecting below 6044, leading to consolidation.
๐Ÿ“Š OPEN WITHIN EEZ: Rebound attempt, but potential rejection back into the Equity Equilibrium Zone, causing choppy action.
๐Ÿ“‰ GAP BELOW HCZ: Early dip, potential bounce, but structure favors continued weakness before stabilization.

#trading #stockmarket #SPX #SPY #daytrading #charting #trendtao ๐Ÿš€

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