Nightly $SPX / $SPY Scenarios for 2.7.2025

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🌍 Market-Moving News:

🇺🇸🤝🇨🇦🇲🇽 Tariff Developments: The U.S. has announced a 25% tariff on imports from Canada and Mexico, set to take effect on March 4, 2025, following a 30-day delay after negotiations.

🇺🇸📈🇨🇳 Tariffs on China: A 10% tariff on Chinese imports was implemented on February 4, 2025. In response, China has announced retaliatory tariffs ranging from 10% to 15% on select U.S. goods, effective February 10, 2025.

📊 Key Data Releases:

🏢 Nonfarm Payrolls (8:30 AM ET): Forecast: +165K | Previous: +150K
📉 Unemployment Rate (8:30 AM ET): Forecast: 4.1% | Previous: 4.1%
💵 Average Hourly Earnings (8:30 AM ET): Forecast: +0.3% | Previous: +0.2%

💡 Market Scenarios:

📈 GAP ABOVE HPZ: A further gap up may lead to a rejection back down into the 6041 area.

📊 OPEN WITHIN EEZ: Expect slight morning choppiness, followed by a significant sell-off either in the early morning or afternoon, dropping into 6025 before bouncing to close above 6041.

📉 GAP BELOW HCZ: Consolidate lower and then pump back higher than 6025; that's the flip level.

📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao