Nightly $SPX / $SPY Predictions for 1.15.2024

๐Ÿ”ฎ

๐Ÿ“… Wed Jan 15
โฐ 8:30am
๐Ÿ“Š Core CPI m/m: 0.3% (prev: 0.3%)
๐Ÿ“Š CPI m/m: 0.4% (prev: 0.3%)
๐Ÿ“Š CPI y/y: 2.9% (prev: 2.7%)
๐Ÿ“Š Empire State Manufacturing Index: 2.7 (prev: 0.2)

โฐ 10:30am
๐Ÿ›ข๏ธ Crude Oil Inventories: -1.0M

๐Ÿ’ก Market Insights:

๐Ÿ“ˆ GAP ABOVE HPZ:
On a gap up, we will hold and run higher. Weekly will pin it down.
๐Ÿ“Š OPEN WITHIN EEZ:
Pullbacks here and there but will get bought up.
๐Ÿ“‰ GAP BELOW HCZ:
Everyone will eat up this drop; definitely look to position bullish here...again.


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