Morning Market Notes 12-17-25

Morning Market Notes 12-17-25

Market Calendar

$SPX & $QQQ

After breaking the weekly 6850 SPX key level mentioned on Monday, we saw a nice bear selloff into the mid-6700s.

The new sticky level is now 6800. We’re seeing mixed signals in the flow, as major index ETF names like $QQQ and $SPY are getting bear flows, while individual S&P stocks and the Mag7 saw some bull flows in yesterday’s session.

They wouldn’t make it easy for us a day before CPI.

Let’s have a sesh.

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