Today pivot points in play for SPY are 453.73 ,444.69 and to an extent 459.77 as absolute resistance . SPY is handling the 444.69 level since past 4 days
one complex trendline is also coming into play as support . Daily MA 200D and 20D are acting as support .SPY gapped up nicely at 453.73. next stop is 459.77 . if on any negative note , it will turn offers down to 444.69 or below that . But absolutely not an inside day which is a good note for traders
Looking to see the market at open
YM Daily broke support 35293 and going up towards resistance @ 35896
SPY
Can go LONG today , target resistance @YM
NQ has allsorts of resistance above this level. But its NQ it has the potential to travel places far out of reach 15037.25 is its immediate resistance for today which is 200 ma Daily. But actual resistance waiting at 15128 ,also make a note of 15335 level as next resistance .NQ support @14838.50
RTY , resistance at 2083.04 for today , support is far now . This is tricky. 1932 is RTY's support.
I prefer watching RTY in first place to understand the markets direction
SPY
YM1!
one complex trendline is also coming into play as support . Daily MA 200D and 20D are acting as support .SPY gapped up nicely at 453.73. next stop is 459.77 . if on any negative note , it will turn offers down to 444.69 or below that . But absolutely not an inside day which is a good note for traders
Looking to see the market at open
YM Daily broke support 35293 and going up towards resistance @ 35896
SPY
Can go LONG today , target resistance @YM
NQ has allsorts of resistance above this level. But its NQ it has the potential to travel places far out of reach 15037.25 is its immediate resistance for today which is 200 ma Daily. But actual resistance waiting at 15128 ,also make a note of 15335 level as next resistance .NQ support @14838.50
RTY , resistance at 2083.04 for today , support is far now . This is tricky. 1932 is RTY's support.
I prefer watching RTY in first place to understand the markets direction
SPY
YM1!