S&P 500 Index
Long

Nightly $SPX / $SPY Scenarios for 1.29.2025

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๐Ÿ“… Wed Jan 29
โฐ 2:00pm
๐Ÿ“Š Federal Funds Rate: 4.50% (prev: 4.50%)
๐Ÿ“œ FOMC Statement
โฐ 2:30pm
๐ŸŽ™๏ธ FOMC Press Conference

๐Ÿ’ก Global Events:
๐Ÿ‡บ๐Ÿ‡ธ FOMC Meeting: Market-moving interest rate decision and policy updates.
๐Ÿ‡ช๐Ÿ‡บ Eurozone GDP: Preliminary Q4 GDP data for the Eurozone could impact global sentiment.

๐Ÿ’ก Market Scenarios:

๐Ÿ“ˆ GAP ABOVE HPZ:
A further gap up would lead to it holding a little, then chopping down to EEZ.

๐Ÿ“Š OPEN WITHIN EEZ:
Semis haven't recovered yet, so there's a leg higher in the markets. Looking for a chop after.

๐Ÿ“‰ GAP BELOW HCZ:
Due to the ongoing momentum, we will get a massive recovery in 1-2 days and go back to 6050.

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