Morning Market Notes 07-22-26

Market Calendar

$SPX & $QQQ

Tech is the weak spot premarket. QQQ off 0.90% and trading under the 705 key level while SPY hangs in better, down 0.31%. VIX is bid near 3% and oil is doing the damage. Brent punched through $92 overnight after another round of US strikes on Iran, and that inflation math has the market pricing real odds of a Fed hike again. On top of that, the first Mag7 earnings of the season land after the close tonight.

SPX sits right on the 7500 Put Wall after closing at 7509. QQQ has its own line in the sand at the 700 Put Wall. Macro calendar is empty today, so it all trades on oil headlines and positioning into tonight's reports. Let the flow confirm direction.

Let's have a sesh.

This old Soldier is at $82K and counting

You read the morning analysis. Blu reads the same notes, then he watches the real-time flow confirm the setups and stacks payouts toward a $100K month. That's the difference between reading about the move and being in it.