S&P 500 Index
Short

Nightly $SPX / $SPY Predictions for 1.21.2024

94
๐Ÿ”ฎ

๐Ÿ“… Tue Jan 21
๐Ÿ—“๏ธ Day 2
๐Ÿ“ WEF Annual Meetings

๐Ÿ“… Wed Jan 22
๐Ÿ—“๏ธ Day 3
๐Ÿ“ WEF Annual Meetings

๐Ÿ“… Thu Jan 23
๐Ÿ—“๏ธ Day 4
๐Ÿ“ WEF Annual Meetings
โฐ 8:30am
๐Ÿ“Š Unemployment Claims: 220K (prev: 217K)
โฐ 11:00am
๐Ÿ›ข๏ธ Crude Oil Inventories: -2.0M

๐Ÿ“… Fri Jan 24
๐Ÿ—“๏ธ Day 5
๐Ÿ“ WEF Annual Meetings
โฐ 9:45am
๐Ÿ“Š Flash Manufacturing PMI: 49.4
๐Ÿ“Š Flash Services PMI: 56.8
โฐ 10:00am
๐Ÿ“Š Existing Home Sales: 4.19M (prev: 4.15M)
๐Ÿ“Š Revised UoM Consumer Sentiment: 73.2

๐Ÿ’ก Market Insights:

๐Ÿ“ˆ GAP ABOVE HPZ:
On a gap up, we will get pinned down at HPZ back into the EEZ.

๐Ÿ“Š OPEN WITHIN EEZ:
A lot of resistance overhead. Markets should cool down after the gaps from last week. Small rally into fade downwards.

๐Ÿ“‰ GAP BELOW HCZ:
We will likely get a small bounce and hold.

#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing

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.