Break Out Money Guys

July 20, 2025 – S&P 500 Forecast

Upcoming Market Events

Jerome Powell – July 2025 Schedule

  • Banking Conference Speech – Tuesday, July 22
  • FOMC Press Conference – Wednesday, July 30 at 2:30 p.m. ET

FOMC – July 2025

  • Rate Decision – Wednesday, July 30 at 2:00 p.m. ET
  • FedWatch: 95% expect no change

S&P 500 Technical Levels

S&P 500 technical chart showing resistance at 6300 ahead of July 2025 FOMC rate decision.
  • Support: 6090, then 5623
  • Resistance: 6279, then 6300

S&P 500 Forecast – Week of July 21, 2025

The S&P has failed to extend its breakout since the beginning of the month. If Monday opens or closes above 6300 with momentum, it could signal more bullishness ahead of the FOMC meeting. Likewise, if price stays near or below 6300, it may suggest that investors are waiting on Powell’s guidance and the rate decision.

With the strong V-shaped recovery since Trump’s tariffs and little to no pullback, we’re advocating for caution at these price levels. For bullish investors, we believe there’s more upside potential in beat-down names like Intel (INTC), PayPal (PYPL), and Nike (NKE).

Check out our portfolio for more information.

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