#### SPY 1 MIN CHART UPDATE #### SPY Support of $209 will break after hours of 11/03 OR 11/04 MORNING There are 3 resistance lines on different degrees. Major (Red line) Minor (pink line) and micro (yellow line). Green line will act as a support line for Minor level play because it already broke the major level support line (dotted green line).
**** SPY ELECTION 15 MIN CHART****** LOWER LIMIT SUB $208 Upper limit max $212 Solid Yellow line is the new resistance line. Green solid line will act as new support. Blue horizontal line is election day. In election day or pre/post we are expecting swing both upside and down side. But heavy on short side 60% and 40% upside. Swings will take place on both side ...
SPY ELECTION UPDATE: SPY Still trading between red resistance line and the dotted black support line. Even though it tried to break several times the black line but slowly and surely its going down and will breach soon. SPY upper limit is $214.71 and lower limit is $185.20 (even though it may not reach on pre/post election but the hype will be there)
QQQ HOURLY CHART ELETION UPDATE: Upper limit is $119.72 and lower limit is 109.12. Unlike SPY QQQ is very strong and doesn't show weakness sign yet in the price chart but technical are weak though. Need good options strategy heavy on the short side and less on the bull side. But looks like it will move either way in pre/post election days.