Nightly $SPY / $SPX Scenarios for March 19, 2025

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🌍 Market-Moving News 🌍:

🇺🇸🏦 Federal Reserve Interest Rate Decision 🏦: The Federal Open Market Committee (FOMC) will announce its interest rate decision on Wednesday, March 19, at 2:00 PM ET, followed by a press conference with Fed Chair Jerome Powell at 2:30 PM ET. The Fed is widely expected to maintain the federal funds rate at its current range of 4.25% to 4.5%. Investors will closely monitor the Fed's economic projections and Powell's comments for insights into future monetary policy, especially in light of ongoing trade tensions and global economic uncertainties.

🇯🇵💴 Bank of Japan Monetary Policy Decision 💴: The Bank of Japan (BOJ) is set to announce its monetary policy decision on March 19. The BOJ is expected to keep interest rates steady, as policymakers assess the potential impact of U.S. trade policies on Japan's export-driven economy. The yen has remained stable ahead of the announcement, with traders awaiting the BOJ's guidance on future monetary policy.

📊 Key Data Releases 📊:
📅 Wednesday, March 19:

🏢 Existing Home Sales (10:00 AM ET) 🏢:This report measures the annualized number of existing residential buildings sold during the previous month, providing insight into the strength of the housing market.

Forecast: 5.50 million annualized units​
Previous: 5.47 million annualized units​

⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis

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