🔮 Nightly $SPX / $SPY Scenarios for 1.30.2025

📅 Thu Jan 30

⏰ 8:30am
📊 Advance GDP q/q: 2.7% (prev: 3.1%)
📊 Unemployment Claims: 221K (prev: 223K)

🌎Global Events:

🇪🇺 European Central Bank Meeting: The ECB is expected to announce its monetary policy decision, with markets anticipating a rate cut. 

🇩🇪 Germany GDP Release: Germany will publish its GDP figures, providing insights into the health of Europe's largest economy. 

💹 Market Insights:

📈 GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then chopping near the EEZ.

📊 OPEN WITHIN EEZ:
Markets might overreact, but this meeting was void of new information. All things markets knew beforehand.

📉 GAP BELOW HCZ:
We will likely bounce hard from these lower levels and hold higher.

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