Morning Market Notes 12-29-25

Morning Market Notes 12-29-25

Market Calendar

$SPX & $QQQ

We’re seeing a downtrend pre-market in futures after we mentioned yesterday that

[…] from our point of view, the Santa rally wrapped up last week — specifically on Wednesday […].

Even with $ES_F down almost 0.5% and Nasdaq futures down 0.71%, I wouldn’t expect much excitement intraday.

Let’s have a sesh.

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