Nightly $SPX / $SPY Predictions for 1.10.2024

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๐Ÿ”ฎ Nightly SPX / SPY Predictions for 1.10.2024

๐Ÿ“… Fri Jan 10

โฐ 8:30am
๐Ÿ’ฐ Average Hourly Earnings m/m: 0.3% (prev: 0.4%)
๐Ÿ‘ท Non-Farm Employment Change: 164K (prev: 227K)
๐Ÿ“‰ Unemployment Rate: 4.2% (prev: 4.2%)

โฐ 10:00am
๐Ÿ“Š Prelim UoM Consumer Sentiment: 74.0 (prev: 74.0)
๐Ÿ“ˆ Prelim UoM Inflation Expectations: 2.8%

๐Ÿ’ก Market Insights:

๐Ÿ“ˆ GAP ABOVE HPZ:
The markets are very sensitive right now with the pause. I wouldn't bet that it holds this gap for long.

๐Ÿ“Š OPEN WITHIN EEZ:
A little more upside, and then markets will need the weekend to digest.

๐Ÿ“‰ GAP BELOW HCZ:
Everyone will eat up this drop; definitely look to position bullish here.

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