Market Analysis and Trades for 1/20
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The 2026 Equity Markets Year Ahead can be watched here: 2026 Equity Markets Year Ahead
The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. It can be found here Market Analysis for the Week of 1/18
We just had quite an exciting ETH holiday session following the Trump Tariff threat over Greenland. Well before this announcement, equities already looked distributive. At Thursday’s high I suggested I thought that the Wednesday low (6923 ES and 25420 NQ) could print by Tuesday. Both were tagged very early in last night’s session. From Thursday and Friday in the Discord:
The question now in front of us, is whether this was a giant trap to go higher or the beginning of a more serious downtrend.
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