SPX Trade Plan — December 9, 2025
Morning Note — December 9, 2025 - KASM Capital
Morning Note — December 9, 2025
SPX continues to consolidate as all eyes turn to tomorrow’s Fed decision to set the next directional tone. Often, however, we see the big move happen before the major event (cue the “CPI/Decision leaked” posts we see whenever markets front-run the news).
As of this morning, I see two distinct scenarios. We are trading in a wider potential range of 6800–6900, and any break outside these bounds could trigger a larger impulsive move—specifically below 6800 or above 6900.
I see a higher probability of a flush lower today, specifically targeting 6770.
Our areas of interest remain mostly unchanged from the past week:
VIX Levels: 15.79, 16.26, 17.11, 18.01
Watchlist: ONDS, NMAX, JOBY, TEM
Discussion about this post
© 2026 KASM Capital · Privacy ∙ Terms ∙ Collection notice
Execution Levels
Long Plan
- See full post on Substack
Short Plan
- See full post on Substack