📓 Playbook : SPY/SPX/QQQ

Key Levels Thursday 11.14.24

“I have not failed. I’ve just found 10,000 ways that won’t work.”

Thomas Edison

Plan the trade, trade the plan.

SPY

• Decision point rests at 597.60

• Bullish over 598.70 with 600.30 and 601.40 targets.

• 609.30 is a weekly resistance level to monitor if momentum continues.

• Bearish below 596.10 with 594.90 and 593.40 targets.

• 588.60 is the weekly flip; breaking below could target 577.60.

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SPX

• Decision point rests at 5991.10

• Bullish over 6001.70 with 6018.20 and 6028.80 targets.

• 6106.50 is a weekly resistance level to watch for continuation.

• Bearish below 5974.70 with 5964.00 and 5947.60 targets.

• 5901.50 is the weekly flip; a move below here could target 5790.60.

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QQQ

• Decision point rests at 512.90

• Bullish over 514.40 with 516.40 and 517.90 targets.

• 524.50 is a weekly resistance level if price advances.

• Bearish below 510.80 with 509.40 and 507.30 targets.

• 504.40 is the weekly flip; a drop below could lead to 493.90.

Keep it easy 👊 Subrocs

Analysis and ideas. Not financial advice.