📓 Playbook : SPY/SPX/QQQ

Key Levels Monday 11.18.24

“Our patience will achieve more than our force.”

Edmund Burke

Plan the trade, trade the plan.

SPY

• Decision point rests at 585.30

• Bullish over 586.70 with 587.70 and 589.10 targets.

• 595.90 is a weekly resistance level to monitor if the price advances further.

• Bearish below 584.40 with 582.90 and 582.00 targets.

• 589.90 is the weekly flip; dropping below here could target 579.60.

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SPX

• Decision point rests at 5866.40

• Bullish over 5879.80 with 5889.00 and 5902.40 targets.

• 5974.40 is a weekly resistance level if momentum continues.

• Bearish below 5857.20 with 5843.80 and 5834.70 targets.

• 5913.70 is the weekly flip; breaking below could lead to 5810.10.

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QQQ

• Decision point rests at 496.00

• Bullish over 497.50 with 498.50 and 500.00 targets.

• 509.90 is a weekly resistance level to watch on further strength.

• Bearish below 495.00 with 493.50 and 492.60 targets.

• 502.20 is the weekly flip; falling below could target 488.80.

Keep it easy 👊 Subrocs

Analysis and ideas. Not financial advice.