Nightly $SPX / $SPY Predictions for 1.28.2024

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📅 Tue Jan 28
⏰ 10:00am
📊 CB Consumer Confidence: 105.9 (prev: 104.7)
💡 Global Events:
🚩 China PMI: Key manufacturing data impacting global growth.
🍵 U.K. Business Report: Updates on investments and pensions.
📊 Earnings: GM and LMT pre-market results.

💡 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:
Breakout to the EEZ, make a higher push, and round out the top.
📉 GAP BELOW HCZ:
Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range.

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