Market 07/06: FOMC Meeting Minutes and jobs report bring interest rate fears back

Market starts the new day with a clear de-risk trend across the market after yesterday morning's rally. QQQ call wall drops from 375 to 372 - level considered the biggest resistance at the current upside with 365 as the lower support. Market reaction today will largely continue like other trading sessions this week: short range and move back to average price, usually VWAP, pulling daily realized volatility down. Typically, SPX's 1-month realized volatility has fallen to 10%, the lowest since 12/2022.