Get started

Charting

Nightly $SPY / $SPX Scenarios for March 4, 2025 🔮🔮 🌍 Market-Moving News 🌍: 🇺🇸📈 Implementation of U.S. Tariffs 📈: Effective today, the United States has imposed a 25% tariff on imports from Canada and Mexico, and a 10% tariff on imports from China. These measures aim to address trade imbalances and protect domestic industries. ​ 🇺🇸🏛️ Presidential Address to Congress 🏛️: President Donald Trump is scheduled to deliver his first address to Congress since his re-election, where he is expected to discuss the newly implemented tariffs and their anticipated impact on the U.S. economy. ​ investopedia.com 📊 Key Data Releases 📊: 📅 Tuesday, March 4: 🏛️ Treasury Auctions 🏛️: 8-Week Bill Auction (6:00 AM ET): The U.S. Department of the Treasury will auction 8-week bills, providing insights into short-term government borrowing costs.​ 17-Week Bill Auction (10:00 AM ET): A 17-week bill auction will also take place, offering additional perspective on investor demand for U.S. debt instruments.​ 4-Week Bill Auction (10:00 AM ET): The Treasury will auction 4-week bills, contributing to the understanding of immediate-term borrowing conditions.​ ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
Weekly $SPY / $SPX Scenarios for March 3 – March 7, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for March 3 – March 7, 2025 🔮 🌍 Market-Moving News 🌍: 🇺🇸📊 Anticipated U.S. Jobs Report 📊: The Bureau of Labor Statistics will release the February employment report on Friday, March 7. Economists expect an increase of approximately 133,000 nonfarm payrolls, with the unemployment rate holding steady at 4%. ​ 🇪🇺💶 ECB Interest Rate Decision 💶: The European Central Bank is scheduled to announce its monetary policy decision on Thursday, March 6. Markets anticipate a 0.25% rate cut, which would adjust the deposit facility rate to 2.5%. ​ 🇨🇳📈 China's Economic Targets 📈: During the National People's Congress, China is expected to set its economic growth target at around 5% for the year. The government may introduce measures to boost consumption and support growth amid global economic uncertainties. ​ 📊 Key Data Releases 📊: 📅 Monday, March 3: 🏭 ISM Manufacturing PMI (10:00 AM ET) 🏭: This index measures the health of the U.S. manufacturing sector. A reading above 50 indicates expansion, while below 50 signifies contraction.​ 📅 Wednesday, March 5: 🏢 ISM Services PMI (10:00 AM ET) 🏢: This index assesses the performance of the U.S. services sector, with readings above 50 indicating expansion.​ Trading Economics 📅 Thursday, March 6: 📉 Initial Jobless Claims (8:30 AM ET) 📉: Weekly data indicating the number of individuals filing for unemployment benefits for the first time.​ 📦 Factory Orders (10:00 AM ET) 📦: This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.​ 📅 Friday, March 7: 👷‍♂️ Nonfarm Payrolls (8:30 AM ET) 👷‍♂️: A key indicator of employment trends, reflecting the number of jobs added or lost in the economy, excluding the farming sector.​ 📈 Unemployment Rate (8:30 AM ET) 📈: The percentage of the total workforce that is unemployed and actively seeking employment during the previous month.​ 💵 Average Hourly Earnings (8:30 AM ET) 💵: This metric indicates the month-over-month change in wages, providing insight into consumer income trends.​ ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPY
by TrendTao
Nightly $SPY / $SPX Scenarios for 2.28.2025 🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸📈 PCE Inflation Data Release 📈: The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, is set to be released. Economists predict a 0.3% rise in January and a 2.5% year-over-year growth. This data will provide insights into inflation trends and potential monetary policy adjustments. 🇺🇸🛒 Consumer Spending Trends 🛒: Personal income and spending data for January will be released, offering a glimpse into consumer behavior amid ongoing economic uncertainties. Analysts anticipate a 0.4% increase in personal income and a 0.1% rise in personal spending. 📊 Key Data Releases 📊: 📅 Friday, Feb 28: 💰 Personal Income and Outlays (8:30 AM ET) 💰: Reports on personal income, consumer spending, and the PCE Price Index for January. 🏠 Pending Home Sales Index (10:00 AM ET) 🏠: Measures housing contract activity, providing insights into the real estate market's health. 📌 #trading #stockmarket #tomorrow #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
5
Nightly $SPY / $SPX Scenarios for 2.26.2025🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸🤔 U.S. Consumer Confidence Dives 🤔: American consumer confidence fell to 98.3 in February (down from 105.3 in January), The steepest one-month drop since 2021. 🇩🇪📉 German GDP Contracts 📉: Germany’s economy shrank by 0.2% in Q4 2024 (quarter-on-quarter), confirming a downturn in Europe’s largest economy. Recession concerns in the Eurozone could influence global growth sentiment as exports and industry show signs of weakness. 🇺🇸💱 Fed Rate Cut Bets Trimmed 💱: Markets are now pricing in only one 25bps rate reduction in 2025 (versus two previously expected), 📊 Key Data Releases 📊: 📅 Wednesday, Feb 26: 🏠 MBA Mortgage Applications (7:00 ET) 🏠: Last week’s applications fell -6.6% amid rising interest rates. Traders will watch if lower demand continues, as higher borrowing costs cool the housing market. 🏠 New Home Sales (10:00 ET) 🏠: Consensus expects around 680K units (vs 698K in December). This Jan report will show if higher mortgage rates are slowing home sales or if housing demand remains resilient to start 2025. 🛢️ EIA Crude Oil Inventories (10:30 ET) 🛢️: Last week, inventories rose to about 432.5 million barrels. A larger-than-expected draw could boost oil prices, while a build might ease price pressures (and inflation concerns). 💬 Fed’s Bostic Speaks (12:00 ET) 💬: Markets will monitor his commentary for any hints on monetary policy or growth/inflation views. 📌 #trading #stockmarket #tomorrow #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
Nightly $SPY / $SPX Scenarios for 2.25.2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for 2.25.2025 🔮 🌍 Market-Moving News 🌍: 🇺🇸📈 U.S. Tariffs on Canada and Mexico 📈: President Donald Trump has confirmed that tariffs on imports from Canada and Mexico will proceed on March 4, 2025. This decision may impact trade relations and market dynamics. 🇰🇷💰 Bank of Korea Rate Cut 💰: The Bank of Korea is expected to reduce its key interest rate by 25 basis points to 2.75% on February 25, aiming to support economic growth amid recent slowdowns. 📊 Key Data Releases 📊: 📅 Tuesday, Feb 25: 🏠 S&P CoreLogic Case-Shiller National Home Price Index (9:00 AM ET) 🏠: Provides data on home prices across 20 major U.S. cities, offering insights into the housing market trends. 📈 Consumer Confidence Index (10:00 AM ET) 📈: Measures consumer sentiment regarding economic conditions. Analysts forecast a slight dip in February to 102.1 from January's 104.1, indicating potential shifts in consumer behavior. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
1
Weekly Market Outlook: February 24 – 28, 2025 🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸📈 U.S. Tariffs Implementation 📈: President Donald Trump has announced plans to impose a 25% tariff on imported automobiles, pharmaceuticals, and lumber products, set to take effect on April 2, 2025. This move aims to protect domestic industries but has raised concerns about potential impacts on global trade relations. 🇺🇦🇷🇺 Diplomatic Efforts 🇺🇦🇷🇺: This week marks the third anniversary of Russia's full-scale invasion of Ukraine. Key events include French President Emmanuel Macron visiting President Trump in Washington and a virtual G7 meeting to discuss potential resolutions to the ongoing conflict. 📊 Key Data Releases 📊: 📅 Tuesday, Feb 25: 🏠 S&P CoreLogic Case-Shiller National Home Price Index (9:00 AM ET) 🏠: Provides data on home prices across 20 major U.S. cities. 📈 Consumer Confidence Index (10:00 AM ET) 📈: Measures consumer sentiment regarding economic conditions. Analysts forecast a slight dip in February to 102.6 from January's 104.1. 📅 Wednesday, Feb 26: 🏠 New Home Sales (10:00 AM ET) 🏠: Reports the number of newly constructed homes sold in the previous month. Economists predict a modest decline to a seasonally adjusted annual rate of 680,000 homes from December's 698,000. 📅 Thursday, Feb 27: 📉 Initial Jobless Claims (8:30 AM ET) 📉: Weekly report on the number of individuals filing for unemployment benefits. 📊 Gross Domestic Product (GDP) Second Estimate (8:30 AM ET) 📊: Revised estimate of the nation's economic growth for Q4 2024. The initial reading showed a 2.3% annual growth rate, slightly below expectations. 🛠️ Durable Goods Orders (8:30 AM ET) 🛠️: Indicates new orders placed with domestic manufacturers for delivery of long-lasting goods. 📅 Friday, Feb 28: 💰 Personal Consumption Expenditures (PCE) Price Index (8:30 AM ET) 💰: The Federal Reserve's preferred measure of inflation. 💳 Personal Income and Outlays (8:30 AM ET) 💳: Reports changes in personal income and spending. 🏠 Pending Home Sales (10:00 AM ET) 🏠: Measures housing contract activity for existing single-family homes. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
Nightly $SPY / $SPX Scenarios for 2.21.2025🔮 🌍 Market-Moving News: 🇺🇸🛢️ Trump Considers 25% Tariff on Imported Cars: President Donald Trump has announced plans to impose a 25% tariff on imported automobiles, aiming to protect domestic manufacturers. This move could impact global trade relations and the automotive industry. 🇷🇺🇺🇸 U.S.-Russia Diplomatic Talks: High-level discussions between U.S. and Russian officials are set to continue, focusing on resolving the ongoing Ukraine conflict. Outcomes from these talks may influence global markets and geopolitical stability. 📊 Key Data Releases: 📅 Friday, Feb 21: 🏭 Manufacturing PMI (9:45 AM ET): Forecast: 51.3; Previous: 51.2. 💼 Services PMI (9:45 AM ET): Forecast: 53.0; Previous: 52.9. 🏠 Existing Home Sales (10:00 AM ET): Forecast: 4.13M; Previous: 4.24M. 📉 Michigan Consumer Sentiment (10:00 AM ET): Forecast: 71.1; Previous: 67.8. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPY
by TrendTao
Nightly $SPY / $SPX Scenarios for 2.20.2025🔮 🌍 Market-Moving News: 🇰🇷📉 Samsung Share Cancellation: Samsung Electronics plans to cancel over 57 million shares, including 50.1 million common shares and 6.9 million preferred shares, on February 20. This move aims to reduce the total number of issued shares without decreasing the company's capital. 📊 Key Data Releases: 📅 Thursday, Feb 20: 🏭 Philadelphia Fed Manufacturing Index (8:30 AM ET): Forecast: 19.4; Previous: 44.3. 📉 Initial Jobless Claims (8:30 AM ET): Forecast: 214K; Previous: 213K. 📈 Leading Index (10:00 AM ET): Forecast: -0.1%; Previous: -0.1%. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPY
by TrendTao
Nightly $SPY / $SPX Scenarios for 2.19.2025🔮 🌍 Market-Moving News: 🇺🇸🗣️ President Trump's Address: At 9:00 PM ET on Tuesday, February 18, President Trump is scheduled to deliver a speech that may provide insights into upcoming policy directions. 📱🍏 Apple Product Launch: Apple CEO Tim Cook has announced a new product launch set for February 19, 2025. Speculations suggest it could be the iPhone SE 4, featuring a 6.1-inch OLED display and an A18 chip with Apple Intelligence. 📊 Key Data Releases: 🏠 Housing Starts (8:30 AM ET): Forecast: 1.390M; Previous: 1.499M. 📄 FOMC Meeting Minutes (2:00 PM ET): Detailed insights into the Federal Reserve's policy discussions from the January meeting. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
Weekly Market Outlook: February 18 – 21, 2025🔮 🌍 Market-Moving News: 🇺🇸📈 U.S. Tariffs Implementation: President Donald Trump has signed executive orders imposing a 25% tariff on imports from Canada and Mexico, and a 10% tariff on imports from China. These tariffs are set to take effect on Tuesday, February 18, 2025. 🇷🇺🇺🇸 Diplomatic Talks: Senior U.S. and Russian officials are scheduled to meet in Riyadh, Saudi Arabia, on February 18 to discuss the ongoing conflict in Ukraine and explore potential resolutions. 🇩🇪🗳️ German Snap Election: Germany is set to hold a snap election this week, with the far-right Alternative for Germany (AfD) expected to perform well, potentially influencing European markets. 📊 Key Data Releases: Tuesday, Feb 18: 🇺🇸🏭 NY Empire State Manufacturing Index (8:30 AM ET): Measures manufacturing activity in New York State. 🇺🇸🗣️ U.S. President Trump Speech (3:00 PM ET): Insights into potential policy directions and economic outlook. Wednesday, Feb 19: 🇺🇸🏠 Housing Starts (8:30 AM ET): Data on new residential construction projects. 🇺🇸📄 FOMC Meeting Minutes (2:00 PM ET): Detailed insights into the Federal Reserve's policy discussions from the January meeting. Thursday, Feb 20: 🇺🇸📉 Initial Jobless Claims (8:30 AM ET): Weekly data on unemployment claims. 🇺🇸🏭 Philadelphia Fed Manufacturing Index (8:30 AM ET): Indicator of manufacturing sector health in the Philadelphia region. Friday, Feb 21: 🇺🇸🏭 S&P Global Flash Manufacturing PMI (9:45 AM ET): Preliminary data on manufacturing sector performance. 🇺🇸🏠 Existing Home Sales (10:00 AM ET): Reports on the number of previously owned homes sold. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYShort
by TrendTao
Nightly $SPY / $SPX Scenarios for 2.14.2025🔮 🌍 Market-Moving News: Trump Signs Reciprocal Tariffs Executive Order: President Donald Trump has signed an executive order imposing reciprocal tariffs on countries with trade barriers against the U.S. The tariffs will not take effect immediately, which has been well-received by the markets. Potential Ukraine Peace Talks: The U.S. is initiating discussions with Russia and Ukraine to potentially end the ongoing conflict. This development has led to a decrease in crude oil prices and could influence global markets. 📊 Key Data Releases: 📅 Friday, Feb 14: 🛍️ Retail Sales (8:30 AM ET): Forecast: -0.1% MoM; Previous: +0.4% MoM. 🌐 U.S. Import and Export Price Indexes (8:30 AM ET): Import Prices: Forecast: +0.5% MoM; Previous: +0.1% MoM. Export Prices: Forecast: Data not available; Previous: +0.3% MoM 📌 #trading #stockmarket #SPY #SPX #daytrading #charting #trendtao
AMEX:SPYShort
by TrendTao
Weekly Economic Events & Data Releases: Feb 10 – 14, 2025🔮 🌍 Market-Moving News: Monday, Feb 10: 🇨🇳📈 China's Retaliatory Tariffs – In response to the U.S. imposing a 10% tariff on Chinese imports effective Feb 4, China has enacted tariffs of 15% on U.S. coal and liquefied natural gas, and 10% on crude oil and agricultural machinery, effective today. Tuesday, Feb 11 & Wednesday, Feb 12: 🇺🇸🏛️ Fed Chair Powell Testifies – Insights into economic outlook and monetary policy. 📊 Key Data Releases: Wednesday, Feb 12: 🏢 Consumer Price Index (CPI): Forecast: +0.3% MoM; Previous: +0.2% MoM. 💵 Real Earnings: Forecast: -0.1% MoM; Previous: -0.1% MoM. Thursday, Feb 13: 🏭 Producer Price Index (PPI): Forecast: +0.3% MoM; Previous: +0.2% MoM. 📉 Initial Jobless Claims: Forecast: 219K; Previous: 219K. Friday, Feb 14: 🛍️ Retail Sales: Forecast: -0.1% MoM; Previous: +0.4% MoM. 🌐 Import Price Index: Forecast: +0.5% MoM; Previous: +0.1% MoM. 📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
SP:SPXLong
by TrendTao
Nightly $SPX / $SPY Scenarios for 2.7.2025 🔮 🔮 🌍 Market-Moving News: 🇺🇸🤝🇨🇦🇲🇽 Tariff Developments: The U.S. has announced a 25% tariff on imports from Canada and Mexico, set to take effect on March 4, 2025, following a 30-day delay after negotiations. 🇺🇸📈🇨🇳 Tariffs on China: A 10% tariff on Chinese imports was implemented on February 4, 2025. In response, China has announced retaliatory tariffs ranging from 10% to 15% on select U.S. goods, effective February 10, 2025. 📊 Key Data Releases: 🏢 Nonfarm Payrolls (8:30 AM ET): Forecast: +165K | Previous: +150K 📉 Unemployment Rate (8:30 AM ET): Forecast: 4.1% | Previous: 4.1% 💵 Average Hourly Earnings (8:30 AM ET): Forecast: +0.3% | Previous: +0.2% 💡 Market Scenarios: 📈 GAP ABOVE HPZ: A further gap up may lead to a rejection back down into the 6041 area. 📊 OPEN WITHIN EEZ: Expect slight morning choppiness, followed by a significant sell-off either in the early morning or afternoon, dropping into 6025 before bouncing to close above 6041. 📉 GAP BELOW HCZ: Consolidate lower and then pump back higher than 6025; that's the flip level. 📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
SP:SPXShort
by TrendTao
Nightly $SPX / $SPY Scenarios for 2.5.2025🔮 🔮 🌍 Market-Moving News: 📊 Trade Balance: The U.S. trade deficit is expected to widen to $96.50 billion in December, up from $78.20 billion in November. 📈 Key Data Releases: ADP Nonfarm Employment Change (8:15 AM ET): 🏢 Forecast: 148K | Previous: 122K Services PMI (9:45 AM ET): 🏭 Forecast: 52.8 | Previous: 56.8 ISM Non-Manufacturing PMI (10:00 AM ET): 📊 Forecast: 54.2 | Previous: 54.1 💡 Market Scenarios: 📈 GAP ABOVE HPZ: A further gap up will get a rejection below 6032. 📊 OPEN WITHIN EEZ: Slight move higher as a continuation and drop down 1% off the HCZ. 📉 GAP BELOW HCZ: Consolidate lower and pump back higher. 📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
SP:SPX
by TrendTao
Nightly $SPX / $SPY Scenarios for 2.4.2025🔮 📅 Tue, Feb 4 🌎 Market-Moving News: 📢 Tariffs in Focus: 🇺🇸🔁🇨🇦 U.S. imposes 25% tariffs on Canada & Mexico, 10% on China, while Canada retaliates with 25% tariffs on U.S. goods. 🏦 Central Banks: 📉🇪🇺 ECB cuts rates to support growth, while 📈🇯🇵 BOJ hikes rates, signaling diverging global monetary policies. 📊 Key Data Releases: 📉 JOLTS Job Openings (10 AM ET): Forecast 8.68M (Prev. 8.75M) 🏭 Factory Orders (10 AM ET): Forecast +0.2% (Prev. -0.7%) 💡 Market Scenarios: 📈 GAP ABOVE HPZ: Initial push higher before rejecting below 6044, leading to consolidation. 📊 OPEN WITHIN EEZ: Rebound attempt, but potential rejection back into the Equity Equilibrium Zone, causing choppy action. 📉 GAP BELOW HCZ: Early dip, potential bounce, but structure favors continued weakness before stabilization. #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao 🚀
SP:SPXLong
by TrendTao
Nightly $SPX / $SPY Scenarios for 2.3.2025🔮 📅 Mon, Feb 3 ⏰ 10:00 AM ET 📊 ISM Manufacturing PMI Previous: 49.3 Forecast: 49.2 💡 Market Scenarios: 📈 GAP ABOVE HPZ:A further gap up would lead to it holding for a little, then chopping near the EEZ. 📊 OPEN WITHIN EEZ:Breakout to the EEZ, make a higher push, and round out the top. 📉 GAP BELOW HCZ:Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPX
by TrendTao
Nightly $SPX / $SPY Scenarios for 1.31.2025🔮 📅 Fri Jan 31 ⏰ 8:30am 📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%) 📊 Employment Cost Index q/q: 0.9% (prev: 0.8%) 💡 Market Scenarios: 📈 GAP ABOVE HPZ: A further gap up would lead to it holding a little, then chopping down into EEZ. Watch for resistance in the Hedge Pressure Zone before any reversal. 📊 OPEN WITHIN EEZ: Slight move higher from earnings, then drop lower into 6055. Expect some chop and potential liquidity sweeps before continuation. 📉 GAP BELOW HCZ: Consolidate lower into the Hedge Cushion Zone, then pump back higher. A strong bounce is likely if price interacts with the Weekly Hedge Cushion and liquidity builds up. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPX
by TrendTao
Nightly $SPX / $SPY Scenarios for 1.30.2025🔮 Nightly SP:SPX / AMEX:SPY Scenarios for 1.30.2025 📅 Thu Jan 30 ⏰ 8:30am 📊 Advance GDP q/q: 2.7% (prev: 3.1%) 📊 Unemployment Claims: 221K (prev: 223K) 🌎Global Events: 🇪🇺 European Central Bank Meeting: The ECB is expected to announce its monetary policy decision, with markets anticipating a rate cut. 🇩🇪 Germany GDP Release: Germany will publish its GDP figures, providing insights into the health of Europe's largest economy. 💹 Market Insights: 📈 GAP ABOVE HPZ: A further gap up would lead to it holding for a little, then chopping near the EEZ. 📊 OPEN WITHIN EEZ: Markets might overreact, but this meeting was void of new information. All things markets knew beforehand. 📉 GAP BELOW HCZ: We will likely bounce hard from these lower levels and hold higher. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPX
by TrendTao
Nightly $SPX / $SPY Scenarios for 1.29.2025🔮 📅 Wed Jan 29 ⏰ 2:00pm 📊 Federal Funds Rate: 4.50% (prev: 4.50%) 📜 FOMC Statement ⏰ 2:30pm 🎙️ FOMC Press Conference 💡 Global Events: 🇺🇸 FOMC Meeting: Market-moving interest rate decision and policy updates. 🇪🇺 Eurozone GDP: Preliminary Q4 GDP data for the Eurozone could impact global sentiment. 💡 Market Scenarios: 📈 GAP ABOVE HPZ: A further gap up would lead to it holding a little, then chopping down to EEZ. 📊 OPEN WITHIN EEZ: Semis haven't recovered yet, so there's a leg higher in the markets. Looking for a chop after. 📉 GAP BELOW HCZ: Due to the ongoing momentum, we will get a massive recovery in 1-2 days and go back to 6050. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPXLong
by TrendTao
Nightly $SPX / $SPY Predictions for 1.28.2024🔮 📅 Tue Jan 28 ⏰ 10:00am 📊 CB Consumer Confidence: 105.9 (prev: 104.7) 💡 Global Events: 🚩 China PMI: Key manufacturing data impacting global growth. 🍵 U.K. Business Report: Updates on investments and pensions. 📊 Earnings: GM and LMT pre-market results. 💡 Market Insights: 📈 GAP ABOVE HPZ: A further gap up would lead to it holding for a little, then chopping near the EEZ. 📊 OPEN WITHIN EEZ: Breakout to the EEZ, make a higher push, and round out the top. 📉 GAP BELOW HCZ: Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPXLong
by TrendTao
Nightly SPX/SPX/SPY Predictions for 1.27.2024🔮 📅 Mon Jan 27 No major U.S. data 🌍 Global Watch: ECB signals 2025 rate cuts (25–50 bps expected). 📅 Tue Jan 28 ⏰ 10:00am ET 📊 CB Consumer Confidence: 105.9 (prev: 104.7) 🌍 Global Watch: Eurozone inflation rises to 2.4% (stagflation risks). 📅 Wed Jan 29 ⏰ 2:00pm ET 📊 Federal Funds Rate: 4.50% (prev: 4.50%) 📜 FOMC Statement ⏰ 2:30pm ET 🎙️ FOMC Press Conference 🌍 Global Watch: ECB downgrades 2025 GDP to 1.1% (Germany recession). 📅 Thu Jan 30 ⏰ 8:30am ET 📊 Advance GDP q/q: 2.7% (prev: 3.1%) 📊 Unemployment Claims: 221K (prev: 223K) 🌍 Global Watch: ECB rate decision (25–50 bps cut expected). 📅 Fri Jan 31 ⏰ 8:30am ET 📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%) 📊 Employment Cost Index q/q: 0.9% (prev: 0.8%) 🌍 Global Watch: Eurozone Q4 GDP forecast: 0.3–0.4% (spillover risk). 💡 Market Insights: 📈 GAP ABOVE HPZ: A further gap up would lead to it holding for a little, then dropping back down into the EEZ. 📊 OPEN WITHIN EEZ: Hard to move up higher, so will slowly chop down to the Cushion levels. 📉 GAP BELOW HCZ: Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPXShort
by TrendTao