In today’s briefing:
- New Lockout Rally Underway on SPX, QQQ, and IWM? Yes. Here Is Why. Still Bullish
New Lockout Rally Underway on SPX, QQQ, and IWM? Yes. Here Is Why. Still Bullish
- We had a near-term bullish outlook on the S&P 500 (SPX) and Nasdaq 100 (QQQ) from 4/22/25 to 11/19/25.
- After being near-term neutral for a week, we flipped back to bullish in our 11/25/25 report last week, all while maintaining our intermediate-term bullish outlook (as of our 5/14/25 report).
- We’ll stay near-term bullish as long as crucial support levels of 6480-6520 on SPX and $580-$583 on QQQ hold. We believe SPX,QQQ, and IWM are in a new “lockout rally”
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