Nightly $SPX / $SPY Scenarios for 1.31.2025

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๐Ÿ“… Fri Jan 31
โฐ 8:30am
๐Ÿ“Š Core PCE Price Index m/m: 0.2% (prev: 0.1%)
๐Ÿ“Š Employment Cost Index q/q: 0.9% (prev: 0.8%)

๐Ÿ’ก Market Scenarios:

๐Ÿ“ˆ GAP ABOVE HPZ:
A further gap up would lead to it holding a little, then chopping down into EEZ. Watch for resistance in the Hedge Pressure Zone before any reversal.

๐Ÿ“Š OPEN WITHIN EEZ:
Slight move higher from earnings, then drop lower into 6055. Expect some chop and potential liquidity sweeps before continuation.

๐Ÿ“‰ GAP BELOW HCZ:
Consolidate lower into the Hedge Cushion Zone, then pump back higher. A strong bounce is likely if price interacts with the Weekly Hedge Cushion and liquidity builds up.

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