Morning Market Notes 07-11-25
Market Calendar

$SPX & $QQQ


We’re gapping down slightly on Trump’s 35% Canadian tariff letter.
Seems more like an overreaction after the new ATHs set in yesterday’s session.
Taking into consideration that the next couple of weeks are absolutely loaded with important data prints and the kickoff for Q2 earnings, I see little reason for a continued selloff into the weekend.
Still, it’s wise to wait for the max confluence signals to appear.
Let’s have a sesh.
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