Morning Market Notes 02-06-26
Market Calendar
$SPX & $QQQ
They pulled the NFP print from today, moving it to next week.
We’ve kept the bearish movement that was ignited after the 20-day moving average break on SPY and QQQ. To add to that, yesterday’s test of 6800 happened on high daily volume, supporting continuation to the downside.
Daily flows aren’t as strongly bearish now, so we’re working with some caution when looking for bearish setups in today’s seshion, if they present themselves.
If 6850 remains resistance, that might be the cue.
Let’s have a sesh.
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