Morning Market Notes 02-04-26

Morning Market Notes 02-04-26
Photo by Lo Lo / Unsplash

Market Calendar

$SPX & $QQQ

On Monday I wrote about the possibility of indices hitting and breaking the 20-day moving average, and in yesterday’s session we began to see just that.

Nothing is confirmed yet, as we still need a clean break for downside continuation. Today’s session could be key in clarifying what lies ahead.

Flows are deeply bearish in stocks and the Mag7, so there’s that.

Let’s have a sesh.

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