Nightly $SPX / $SPY Scenarios for 1.29.2025

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📅 Wed Jan 29
⏰ 2:00pm
📊 Federal Funds Rate: 4.50% (prev: 4.50%)
📜 FOMC Statement
⏰ 2:30pm
🎙️ FOMC Press Conference

💡 Global Events:
🇺🇸 FOMC Meeting: Market-moving interest rate decision and policy updates.
🇪🇺 Eurozone GDP: Preliminary Q4 GDP data for the Eurozone could impact global sentiment.

💡 Market Scenarios:

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

📊 OPEN WITHIN EEZ:
Semis haven't recovered yet, so there's a leg higher in the markets. Looking for a chop after.

📉 GAP BELOW HCZ:
Due to the ongoing momentum, we will get a massive recovery in 1-2 days and go back to 6050.

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