New Year, New News

Get ready for the short week ahead with all of the important news events

1/2/20241 min read

magazines displayed on a rack
magazines displayed on a rack

Welcome to the new year! If you're reading this, that's great news. That means you survived and you're ready for another trip around the sun. I'll have a few different thoughts this week on gearing up for the new trading year ahead, but for right now we are just going to focus on the important news events coming down the pipeline. Here's what's happening this week:

Tuesday

  • 9:45am ET - Manufacturing PMI

  • 10am ET - Construction Spending

Wednesday

  • 10am ET - ISM Manufacturing PMI

  • 10am ET - JOLTS Job Openings

  • 2pm ET - FOMC Meeting Minutes

Thursday

  • 8:15am ET - ADP Nonfarm Employment Change

  • 8:30am ET - Jobless Claims

  • 9:45am ET - Services PMI

  • 11am ET - Oil Inventories

Friday

  • 5am ET - Eurozone CPI

  • 8:30am ET - Nonfarm Payrolls

  • 10am ET - ISM Non-Manufacturing PMI

Here are the important levels I'm watching this week on NQ:

Current Price: 16860

Upside Targets: 16884, 16965, 17074, 17133

Downside Targets: 16767, 16682, 16564, 16448