Morning Color

September 11, 2025

Good Thursday morning,

As markets hit new all-time highs again yesterday, this underscores the fact that traders and investors around the world are still willing to commit capital to stocks—and Oracle was a perfect example.

The company gained over 36%—an 86-point jump at the closing bell— after reporting blowout earnings Tuesday evening.

There was some profit-taking yesterday in the name, and across the board in the Dow, S&P, NASDAQ, and Russell, as all top line figures closed off of their respective intraday highs, but value built higher, and yet another new VPOC was added below price. This marks the seventh untested POC (Point of Control) since June.

By the way, the S&P is up 35% from the April lows—not too shabby.

📊 In the profile pic and key levels below, we are currently seeing sharp volatility as the CPI and jobless claims data was just released, and futures are bouncing around like a ping pong ball! Tough to say where we will open now, but we have the key levels for you to watch! Let's try to keep it simple today.

Price is still above half-back and the POC, so the edge still lies with the buyers. As long as price stays above 6,542.50 and 6,539.50, then look for sideways to higher. If sellers take price back below 6,539.50, then sideways to our lower targets will be in play.

Futures are currently trading at 6,555 at the time of this writing.

🧭 VPOC Update: Another new VPOC was added yesterday at 6,516.75, so we now have seven below the current price, with none above.

Current VPOCs: 7 BELOW!