Technicals Still Favor Bulls, Volatility Surprisingly Cheap

The Mag 7 ETF (MAGS) has recaptured its 20-Day SMA, a key metric with four of the seven companies reporting earnings this week. Kevin Green points to it as a sign of bulls gaining traction. Turning to the Fed, he expects the SPX to stay consolidated until the interest rate decision.

Market On Close

28 Jan 2025

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