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.
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.
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.
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.
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).