📓 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.
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.
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.
6079.8
Multiple rejections. Excellent call