📓 Playbook : SPY/SPX/QQQ
Key Levels Wednesday 12.04.24
“Education’s purpose is to replace an empty mind with an open one.”
Malcom Forbes
Plan the trade, trade the plan.
SPY
Decision point rests at 603.70
Bullish Supports: 604.20, 604.70 and 605.20.
Bearish: Below 603.20 with 602.70 and 602.30 targets.
Weekly levels: 605.60 is resistance; 608.60 and 613.80 are higher resistance targets. 600.40 is support, with further downside at 597.50 and 592.30.
SPX
Decision point rests at 6048.10
Bullish Supports: 6054.00, 6057.90 and 6063.80.
Bearish: Below 6044.10 with 6038.30 and 6034.30 targets.
Weekly levels: 6063.10 is resistance; 6093.80 and 6143.40 are higher resistance targets. 6013.50 is support, with further downside at 5982.80 and 5933.20.
QQQ
Decision point rests at 516.50
Bullish Supports: 517.70, 518.30 and 519.50.
Bearish: Below 515.90 with 514.70 and 514.00 targets.
Weekly levels: 517.20 is resistance; 523.00 is a higher resistance target. 507.70 is support, with further downside at 503.90 and 498.20.