12/17/2025

Mish Schneider | December 16, 2025

(Pivotal means short-term bullish above that level and bearish below)  

S&P 500 (SPY) 675 the 50-DMA support 

Russell 2000 (IWM) 245 the 50-DMA support 

Dow (DIA) 481 pivotal  

Nasdaq (QQQ) Closed BELOW the 50-DMA for a caution phase