Monday, March 2, 2026

Morning Post 03/02/2026 SPX

Good morning STB!

The Iran thing is very difficult. It’s multifaceted. It’s good and bad, in good ways and bad. The war is far from over. Terror tactics can’t be destroyed by ICBMs. I’m concerned about the Iranian civilians being slaughtered by their own military. That’ll get messy if someone has to put boots on the ground. Then there’s the whole oil/currency issue and dollar dominance. Banking control? Did someone say control? Pray for all those involved. Note that Iran supplied Russia with lots of drones, their consistent advancement in Ukraine could be hindered by this. 

Good v evil

On to the lie - 

Minis have recovered 75 to be off 75. Friday SPX was able to recover to 30m MA resistance. The open looks to fall through 100dma support which is a big deal. 6830 will be a number to pay attention to as well as 6800 today. The key number? 6774, Thats the lower low we’re looking for. 

Have a good week. 

GL and GB! 

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