Nightly $SPX / $SPY Scenarios for 1.30.2025

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๐Ÿ”ฎ Nightly SPX / SPY Scenarios for 1.30.2025

๐Ÿ“… Thu Jan 30
โฐ 8:30am
๐Ÿ“Š Advance GDP q/q: 2.7% (prev: 3.1%)
๐Ÿ“Š Unemployment Claims: 221K (prev: 223K)

๐ŸŒŽGlobal Events:

๐Ÿ‡ช๐Ÿ‡บ European Central Bank Meeting: The ECB is expected to announce its monetary policy decision, with markets anticipating a rate cut.

๐Ÿ‡ฉ๐Ÿ‡ช Germany GDP Release: Germany will publish its GDP figures, providing insights into the health of Europe's largest economy.

๐Ÿ’น Market Insights:

๐Ÿ“ˆ GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then chopping near the EEZ.
๐Ÿ“Š OPEN WITHIN EEZ:

Markets might overreact, but this meeting was void of new information. All things markets knew beforehand.

๐Ÿ“‰ GAP BELOW HCZ:
We will likely bounce hard from these lower levels and hold higher.


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