Market Analysis for 1/30/25
SPY QQQ
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The weekly post and video for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to Market Analysis for The Week Ahead
Be sure you have read the Trading Doggy Style Starter Kit. I will be adding to this over time, likely first focusing on example executions. Trading Doggy Style Starter Kit. A recent update has been made with some additional content.
We noticed some decent selling st the highs yesterday that had us on watch for a some weakness, but I wasn’t personally interested in being short given the strength of yesterday’s profile. Indeed we saw weakness but it was a brutal choppy grind lower into FOMC. Most importantly, no REAL damage was done. From last night’s plan:
Bulls continue to hold where they need to. We still have META 0.00%↑ to report as of the time of this writing.