Morning Market Notes 02-11-25

Market Calendar

$SPX & $QQQ

Should I share the good or the bad news first.

Well, that spread guy is back, and we all know how the market tends to behave when those positions are in play. Their levels today are set at 6025-30 and 6090-95 $SPX. That’s the bad news.

The good news. JPow is up at 10 am, so we expect markets to react to his testimony.

Historically, when the spread guy/people are active, $SPX tends to tag both ends of their levels. So this setup is definitely one to watch closely today.

Let’s have a sesh.

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