Morning Market Notes 01-07-26
Market Calendar
$SPX & $QQQ
Fresh ATHs on $SPX, yet no support from long-term flows in stocks and the Mag7.
Usually, when a move is purely 0DTE-driven, we see reversals at some point.
Today’s levels are loaded, meaning it could be a slugfest to break between them. 6900 is now the key support to watch on the downside in case of a strong break.
Let’s have a sesh.
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