📓 Playbook : SPY/SPX/QQQ

Key Levels Thursday 12.05.24

⚠️ Had a lot of portfolio management to deal with this morning. Better late than never!

Plan the trade, trade the plan.

SPY

Decision point rests at 606.90

• Bullish: Over 608.60 with 609.60 and 611.30 targets.

• Bearish: Below 605.90 with 604.20 and 603.20 targets.

• Weekly levels: 608.60 is resistance; 613.80 is a higher resistance target. 605.60 is support, with further downside at 600.40 and 597.50.

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SPX

Decision point rests at 6079.80

• Bullish: Over 6096.60 with 6106.60 and 6123.40 targets.

• Bearish: Below 6069.80 with 6053.00 and 6042.90 targets.

• Weekly levels: 6093.80 is resistance; 6143.40 is a higher resistance target. 6063.10 is support, with further downside at 6013.50 and 5982.80.

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QQQ

Decision point rests at 522.60

• Bullish: Over 524.30 with 525.20 and 527.00 targets.

• Bearish: Below 521.70 with 520.00 and 519.00 targets.

• Weekly levels: 517.20 is resistance; 523.00 is a higher resistance target. 513.50 is support, with further downside at 507.70 and 503.90.

Keep it easy 👊 Subrocs

Analysis and ideas. Not financial advice.