Late-December Bounce as Low VIX Meets CPI/GDP Relief

Short-term (1 week): Bullish. VIX at 14.91 signals low stress; QQQ reclaimed EMAs and posted a clean rebound after midweek dip, while sector breadth improved and tech rallied. Support near 600.40 (QQQ) and 6714 (SPX) looks firm for a continued drift higher into year-end.

Longer-term (1+ month): Moderately bullish. Core inflation easing, strong GDP growth and steady payrolls underpin a constructive backdrop, though low consumer confidence could cap upside. Upside targets include SPX 6902 and 7000–7100; watch for a weekly close below 6670 as the key risk.