1/25 Thursday Trading Plan

📊 Market Sentiment: Bullish

🌍 Global Financial and Economic News:

• U.S. Economy Growth Surpasses Expectations: The U.S. economy's better-than-expected growth rate of 3.3% in Q4 2023, surpassing predictions of 1.8% growth, could buoy investor confidence.

• Comcast's Earnings and Broadband Subscribers: Comcast's stronger-than-expected earnings and subscriber data could impact the telecommunications sector and broader market sentiment.

📉 Support Levels to Watch:

• 4898

• 4891-92 (Major)

• 4888

• 4882

• 4877 (Major)

📈 Resistance Levels to Watch:

• 4908 (Major)

• 4914

• 4925-28 (Major)

• 4936

• 4941

📅 Trading Plan for Thursday:

• Bull Case: Focus on maintaining support levels, especially above 4878, to continue the upward trend.

• Bear Case: Watch for breakdowns below support levels, particularly at 4878, to identify bearish trends.

• Strategy: Adapt to real-time market conditions, emphasizing level-to-level trading around key support and resistance levels.

🛑 Disclaimer:

This analysis is for educational purposes only and is not financial advice. Market conditions are dynamic and subject to rapid changes. Consultation with a professional financial advisor is recommended before making trading decisions.