1/23 Wednesday Trading Plan

📊 Market Sentiment: Bullish

🌍 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.