Nightly $SPY / $SPX Scenarios for April 9, 2025

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๐Ÿ”ฎ ๐Ÿ”ฎ
๐ŸŒ Market-Moving News ๐ŸŒ:

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“ˆ Implementation of New U.S. Tariffs: As of April 9, the U.S. has imposed a 104% tariff on Chinese goods, escalating trade tensions and raising concerns about a potential global economic slowdown.

๐Ÿ›ข๏ธ๐Ÿ“‰ Oil Prices Decline Sharply: In response to escalating trade tensions, oil prices have fallen nearly 4%, reaching their lowest levels since early 2021. Brent crude dropped to $60.69 per barrel, while West Texas Intermediate (WTI) declined to $57.22.

๐Ÿ“Š Key Data Releases ๐Ÿ“Š
๐Ÿ“… Wednesday, April 9:

๐Ÿ“ฆ Wholesale Inventories (10:00 AM ET):

Forecast: 0.3%โ€‹
Previous: 0.8%โ€‹

Indicates the change in the total value of goods held in inventory by wholesalers, reflecting supply chain dynamics.โ€‹

๐Ÿ—ฃ๏ธ Richmond Fed President Tom Barkin Speaks (11:00 AM ET):

Remarks may shed light on economic conditions and policy perspectives.โ€‹

๐Ÿ“ FOMC Meeting Minutes Release (2:00 PM ET):

Provides detailed insights into the Federal Reserve's monetary policy deliberations from the March meeting.โ€‹

โš ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.โ€‹

๐Ÿ“Œ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis

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