Morning Market Notes 08-04-25
Market Calendar

$SPX & $QQQ


This relief bounce from last week’s selling into Friday needs a break above 6300 $SPX to achieve anything for bulls.
There was a significant amount of gamma added to 6000 until Friday, which now hints that support needed to be reinforced down there — about 250 points from here.
Do we get there this month? That all depends on how we operate around and perhaps above 6300 $SPX this week.
Let’s have a sesh.
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