Morning Market Notes 01-08-26

Morning Market Notes 01-08-26

Market Calendar

$SPX & $QQQ

We keep making new ATHs on $SPX, and this time the Nasdaq 100 helped us get there.

Industrials are weak this morning (Dow Jones), and we’ll possibly open gapping down on $SPX.

Index ETFs are carrying quite a bit of bearish flow, while individual S&P stocks and the Mag7 still have some fuel left for upside.

Another session with mixed signals, so wait for the strongest confluences before positioning yourself.

Let’s have a sesh.

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