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FX.co ★ Margin Zones and Trading Ideas for S&P 500 and NASDAQ (January 20, 2025 - January 24, 2025)

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Forex Analysis:::2025-01-20T07:32:24

Margin Zones and Trading Ideas for S&P 500 and NASDAQ (January 20, 2025 - January 24, 2025)

S&P 500 – Medium-Term Long

Long-Term Trend: Temporary uncertainty.

  • For buying opportunities, wait for a zig-zag pattern and a breakout above 6099.43.
  • For selling opportunities, wait for a zig-zag pattern and a breakout below 5790.81.

Margin Zones and Trading Ideas for S&P 500 and NASDAQ (January 20, 2025 - January 24, 2025)

Medium-Term Margin Trend: Long.

  • The favorable price range for buying, based on margin support, lies between the 1/4 and 1/2 zones calculated from the January 17, 2025 high.

Key levels:

  • Upper boundary of the 1/4 zone: 5941.87 (not yet tested).
  • Upper boundary of the 1/3 zone: 5905.37 (not yet tested).
  • Upper boundary of the 1/2 zone: 5868.87 (not yet tested).

Medium-Term Technical Target: Break above the January 17, 2025 high of 6014.64.Medium-Term Margin Target: Test of the lower boundary of the KMCZ (Key Margin Control Zone) at 6210.14.

Margin Zones and Trading Ideas for S&P 500 and NASDAQ (January 20, 2025 - January 24, 2025)

Investment Outlook:

Buy upon pattern formation.

  • Buy Range: 5868.87 - 5941.87
  • Take Profit 1: 6014.64
  • Take Profit 2: 6210.14

Alternative Scenario:If S&P 500 prices consolidate below the 1/2 zone (5854.27) during pullbacks, look for sell opportunities according to the pattern within the new favorable price range. Targets:

  • Updating lows and testing the upper boundary of the MCZ (5722.87).

NASDAQ – Medium-Term Long

Long-Term Trend: Long.

  • For new buying opportunities, wait for a pullback and target 22140.7.
  • For selling opportunities, wait for a zig-zag pattern and a breakout below 20476.6.

Margin Zones and Trading Ideas for S&P 500 and NASDAQ (January 20, 2025 - January 24, 2025)

Medium-Term Margin Trend: Long.

  • The favorable price range for buying, based on margin support, lies between the 1/4 and 1/2 zones calculated from the January 17, 2025 low.

Key levels:

  • Upper boundary of the 1/4 zone: 21250.0 (tested, not held).
  • Upper boundary of the 1/3 zone: 21111.2 (tested, not held).
  • Upper boundary of the 1/2 zone: 20972.5 (tested, held).

Medium-Term Technical Target: Break above the January 17, 2025 high of 21525.0.Medium-Term Margin Target: Test of the lower boundary of the KMCZ at 22203.5.

Margin Zones and Trading Ideas for S&P 500 and NASDAQ (January 20, 2025 - January 24, 2025)

Investment Outlook:Buy within the favorable price range upon forming a reversal pattern.

  • Buy Range: 20972.5 - 21250.0
  • Take Profit 1: 21525.0
  • Take Profit 2: 22203.5

Alternative Scenario:If NASDAQ prices consolidate below the 1/2 zone (20917.0), look for sell opportunities on pullbacks within the new favorable price range. Targets:

  • Retesting lows and testing the upper boundary of the MCZ (20417.5).
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