“With the last FOMC meeting of the year looming mid-week and a 25-basis point cut nearly fully baked into the market… one has to be cautious in the near term, with the SPX trading nearer to potential resistance than support levels. The big levels to watch in the short term are 6,890, or the October closing high and just above the round 6,900 century mark.”-Monday Morning Outlook, December 8, 2025 Neither the bulls nor the bears were firmly in control last week, as the Federal Reserve did what was expected, ...