Nunuu Coleman @GmedyCole: "📘 𝐖𝐞𝐞𝐤𝐥𝐲 𝐖𝐫𝐚𝐩-𝐔𝐩 #𝟐: 𝐒&𝐏..."

Italy

📘 𝐖𝐞𝐞𝐤𝐥𝐲 𝐖𝐫𝐚𝐩-𝐔𝐩 #𝟐: 𝐒&𝐏 𝟓𝟎𝟎 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐞𝐬 𝐀𝐥𝐥-𝐓𝐢𝐦𝐞 𝐇𝐢𝐠𝐡𝐬 𝐀𝐦𝐢𝐝 𝐒𝐭𝐫𝐨𝐧𝐠 𝐉𝐨𝐛𝐬 𝐃𝐚𝐭𝐚 Continuing from last week’s 𝗪𝗪-𝗨 #𝟭, the S&P 500 has surged to 𝟲,𝟬𝟬𝟲.𝟭𝟮, nearing its all-time high of 𝟲,𝟭𝟰𝟰.𝟭𝟱 set in February 2025. 📊 𝐊𝐞𝐲 𝐂𝐚𝐭𝐚𝐥𝐲𝐬𝐭𝐬 𝐓𝐡𝐢𝐬 𝐖𝐞𝐞𝐤 𝗦𝘁𝗿𝗼𝗻𝗴 𝗠𝗮𝘆 𝗝𝗼𝗯𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: The U.S. economy added 𝟭𝟯𝟵,𝟬𝟬𝟬 𝗷𝗼𝗯𝘀, surpassing economists' expectations of 𝟭𝟮𝟲,𝟬𝟬𝟬 and signaling resilience. The unemployment rate remained steady at 𝟰.𝟮%, matching forecasts. 𝗣𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝗨.𝗦.-𝗖𝗵𝗶𝗻𝗮 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀: President Trump reported a constructive conversation with President Xi, easing trade tensions. 🔍 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝗖𝘂𝗿𝗿𝗲𝗻𝘁 𝗟𝗲𝘃𝗲𝗹: The S&P 500 is testing the 𝟲,𝟬𝟬𝟬 resistance level. 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿𝘀: Technical indicators suggest a 𝗦𝘁𝗿𝗼𝗻𝗴 𝗕𝘂𝘆 📈 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨𝐬 𝐟𝐨𝐫 𝐍𝐞𝐱𝐭 𝐖𝐞𝐞𝐤 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁: A sustained move above 𝟲,𝟬𝟬𝟬 with strong volume could lead to a test of the all-time high at 𝟲,𝟭𝟰𝟰.𝟭𝟱. 𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝗛𝗼𝗹𝗱𝘀: If 𝟲,𝟬𝟬𝟬 proves to be a strong resistance, a pullback to support levels around 𝟱,𝟵𝟬𝟬 or 𝟱,𝟴𝟬𝟬 is possible. 🧠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐌𝐨𝐯𝐢𝐧𝐠 𝐅𝐨𝐫𝐰𝐚𝐫𝐝 Given the current momentum, I am monitoring for a confirmed breakout above 𝟲,𝟬𝟬𝟬. A decisive move higher with increased volume would signal strength, prompting consideration for increased exposure in growth-oriented positions. Conversely, if the index fails to hold above 𝟲,𝟬𝟬𝟬, I will look for buying opportunities at lower support levels, aligning with a disciplined, long-term investment approach. 🌍 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝗘𝗖𝗕 𝗥𝗮𝘁𝗲 𝗖𝘂𝘁: The European Central Bank cut its key interest rate for the eighth time in a year, lowering it from 𝟮.𝟮𝟱% to 𝟮%. 𝗘𝘂𝗿𝗼𝘇𝗼𝗻𝗲 𝗚𝗗𝗣 𝗚𝗿𝗼𝘄𝘁𝗵: The Eurozone economy revised to 𝟬.𝟲% in the first quarter of 2025, accelerating from 𝟬.𝟯% estimated last month. Among the larger economies, 𝗚𝗲𝗿𝗺𝗮𝗻𝘆 saw a 𝟬.𝟰% rise, while 𝗜𝗿𝗲𝗹𝗮𝗻𝗱's economy expanded by 𝟵.𝟳% quarter-on-quarter in Q1 2025. 𝗧𝗿𝗮𝗱𝗲 𝗧𝗲𝗻𝘀𝗶𝗼𝗻𝘀: President Trump proposed a 50% tariff on all EU goods, extended to 𝗝𝘂𝗹𝘆 𝟵, which could impact European exports and economic growth. If you found this useful, follow me here, and feel free to reach out or hit copy if you like steady hands managing all market conditions, not just moonshots. Stay sharp, more to come in 𝗪𝗪-𝗨 #𝟯 next Friday. $SPX500 $NSDQ100 $VOO (Vanguard S&P 500 ETF) $QQQ (Invesco QQQ) $ISP.MI (Intesa Sanpaolo Group) $UCG.MI (UniCredit Commercial Bank) $MC.PA (LVMH Moet Hennessy Louis Vuitton SA) $FEZ (State Street SPDR EURO STOXX 50) $CSX5.L (iShares Core EURO STOXX 50 ETF) $IBE.MC (Iberdrola) $BMW.DE (Bayerische Motoren Werke Aktiengesellschaft) $BBVA.MC (BBVA) $BNP.PA (BNP Paribas SA) $TT (Trane Technologies)

Not investment advice. The author may have financial interests in the mentioned instruments.