Morning Market Notes 06-25-25
Market Calendar
$SPX & $QQQ
This week’s headlines destroyed all the technicals pointing to downside, thanks to two major events: 1) Israel-Iran ceasefire, and 2) JPowell finally conceding that early cuts are possible (as long as inflation doesn’t spike from tariffs).
In other news, the spread guy is back at 6120–25 and 6055–50 on $SPX.
We usually tag one of these levels intraday when he’s around, so I’ll use them as price targets.
Let's have a sesh.
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