Morning Market Notes 11-06-25
Market Calendar
$SPX & $QQQ
After the 0DTE-driven session yesterday, where the $SPX lost half of its gains during power hour, we now see skew on the ATM options. Usually this leads to a move toward the side with the highest premium.
$SPX 6800 is the current magnet for this market — weak bullish above, weak bearish below. So it’ll take a combination of volume and flow to steer price away from this level intraday.
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