“Education is not the learning of the facts, but the training of the mind to think.”
Albert Einstein
Plan the trade, trade the plan.
SPY
Decision point rests at 595.20
Weekly levels: 599.80 is resistance; 604.00 and 611.90 are higher resistance targets. 591.90 is support, with further downside targets at 587.70 and 579.80.
Bullish: Over 596.30 with 597.20 and 598.20 ideal levels to hold intraday.
Bearish: Below 594.30 with 593.30 and 592.40 targets.
SPX
Decision point rests at 5965.60
Weekly levels: 6009.70 is resistance; 6050.10 and 6127.30 are higher resistance targets. 5932.50 is support, with further downside at 5892.10 and 5814.90.
Bullish: Over 5976.70 with 5984.00 and 5995.00 ideal levels to hold intraday.
Bearish: Below 5958.30 with 5947.20 and 5939.90 targets.
QQQ
Decision point rests at 505.50
Weekly levels: 509.60 is resistance; 513.50 and 520.10 are higher resistance targets. 503.10 is support, with further downside at 499.20 and 492.70.
Bullish: Over 506.50 with 507.40 and 508.40 ideal levels to hold intraday.
Bearish: Below 504.60 with 503.60 and 502.80 targets.