Morning Market Notes 04-08-25

Morning Market Notes 04-08-25
bear market level touch

Market Calendar

Market calendar by 0dtHERO

$SPX & $QQQ

The $SPX momentarily stepped into bear market territory in yesterday’s session, and we hit the price target set last week.

SPX monthly: bear market level touch

What a crazy, fast ride with this elevator down.

The 5000 $SPX level is the big man on campus, and we’re watching it closely to see how things progress from here.

Another thing to watch on the daily is whether we keep making higher highs and higher lows to form a new ABCD pattern, because it’s very unlikely the downside is done.

Let’s have a sesh.

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