Major Market Setups I Am Watching Closely

Good Wednesday Morning, MPTraders!  January 7, 2026-- Pre-Market Update:

The major market setups I am watching closely for directional purposes as the post-April 2025 advances approach a "final upside thrust": ES, SPY, QQQ

ES-- As long as any forthcoming weakness is contained within or above support from 6920 down to 6873, my Big Picture pattern setup argues for upside continuation beyond the 10/30/25 ATH at 7013.50 to an optimal upside target zone of 7100-7130... last is 6986.25... (continued below my ES chart)...

SPY: As long as any forthcoming weakness is contained above or within support lodged from 684 down to 680, my pattern work points higher, to an optimal upside target zone of 702 to 707... Last is 692.05... (continued below my SPY chart)...

QQQ-- As long as any forthcoming weakness is contained above or within support lodged from 618 to 610, QQQ points higher to an optimal target zone of 645-650... Last is 622.78...