Nightly $SPY / $SPX Scenarios for April 1, 2025

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

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“ˆ ISM Manufacturing PMI Release: The Institute for Supply Management (ISM) will release its Manufacturing Purchasing Managers' Index (PMI) for March. A reading below 50 indicates contraction in the manufacturing sector, which could influence market sentiment.โ€‹

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ—๏ธ Construction Spending Data: The U.S. Census Bureau will report on February's construction spending, providing insights into the health of the construction industry and potential impacts on related sectors.โ€‹

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“„ Job Openings Report: The Job Openings and Labor Turnover Survey (JOLTS) for February will be released, offering a view into labor demand and potential implications for wage growth and consumer spending.โ€‹

๐Ÿ“Š Key Data Releases ๐Ÿ“Š
๐Ÿ“… Tuesday, April 1:

๐Ÿญ ISM Manufacturing PMI (10:00 AM ET):
Forecast: 49.5%โ€‹
Previous: 50.3%
Assesses the health of the manufacturing sector; a reading below 50% suggests contraction.โ€‹

๐Ÿ—๏ธ Construction Spending (10:00 AM ET):
Forecast: 0.3%โ€‹
Previous: -0.2%โ€‹
Measures the total value of construction work done; indicates trends in the construction industry.โ€‹

๐Ÿ“„ Job Openings (10:00 AM ET):
Forecast: 7.7 millionโ€‹
Previous: 7.7 millionโ€‹
Provides insight into labor market demand by reporting the number of job vacancies.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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