Nightly $SPY / $SPX Scenarios for March 27, 2025

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

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿš— Auto Tariffs Announced: President Trump has announced a 25% tariff on all cars not made in the U.S., effective April 2. This move is expected to impact the automotive industry and could influence market sentiment.

๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ“‰ UK Inflation Falls: UK inflation has decreased to 2.8% in February, down from 3% in January, raising speculation about a potential interest rate cut by the Bank of England in May. This development may have implications for global markets. โ€‹

๐Ÿ“Š Key Data Releases ๐Ÿ“Š
๐Ÿ“… Thursday, March 27:

๐Ÿ“‰ Initial Jobless Claims (8:30 AM ET):
Forecast: 226,000โ€‹
Previous: 223,000โ€‹
Indicates the number of individuals filing for unemployment benefits for the first time during the past week, offering insight into the labor market.โ€‹

๐Ÿ“ˆ Gross Domestic Product (GDP) โ€“ Second Revision (8:30 AM ET):
Forecast: 2.3% annualized growthโ€‹
Previous: 2.3%โ€‹
Provides a second estimate of the nation's economic growth for the fourth quarter of 2024.โ€‹

๐Ÿ  Pending Home Sales Index (10:00 AM ET):
Forecast: 1.0%โ€‹
Previous: -4.6%โ€‹
Measures housing contract activity for existing single-family homes, offering insights into future home sales.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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