Trading Plan for SPX500/USD (S&P 500)

Week of January 29, 2025

Current Price: 6061.9

Support Levels: 5967 (S1), 5889.5 (S2)
Resistance Levels: 6145 (R1)

Daily Breakdown

Monday, January 29, 2025

- Expect a bullish trend based on short-term projections.
- Technical indicators suggest a continuation of upward momentum.
- Possible entry point around support at 5967 with a target at 6145.

Tuesday, January 30, 2025

- Potential for a neutral to bullish sentiment.
- Monitor for any significant news releases that could impact market sentiment.
- If the price dips to 6000, consider entering a long position.

Wednesday, January 31, 2025

- Anticipate consolidation around current levels.
- Watch for a breakout above 6145 for potential continuation.
- If the price remains below 6060, consider adjusting positions.

Market Influences

• Seasonal trends indicate a generally bullish environment for the end of January.
• Technical indicators are showing a mixed outlook, with some bullish signals from momentum indicators.
• Astrological factors suggest a period of potential volatility; be prepared for rapid market movements.

Conclusion

Maintain a cautious but optimistic approach for the week ahead. Adjust positions based on real-time market data and news developments.