📓 Playbook : SPY/SPX/QQQ

Key Levels Friday 11.8.24

“Innovation does not entail having new ideas, but rather getting rid of old beliefs.”

Bertrand Piccard

Plan the trade, trade the plan.

SPY

• Decision point rests at 595.40

• Bullish over 596.90 with 598.10 and 599.60 targets.

• 595.00 is a weekly resistance level.

• Bearish below 594.20 with 592.70 and 591.40 targets.

• 574.30 is the weekly flip; a break below here could target 565.30.

---

SPX

• Decision point rests at 5971.50

• Bullish over 5985.40 with 5997.70 and 6011.60 targets.

• 5967.00 is a weekly resistance level.

• Bearish below 5959.20 with 5945.30 and 5932.90 targets.

• 5760.90 is the weekly flip; breaking below could lead to 5670.90.

---

QQQ

• Decision point rests at 513.30

• Bullish over 514.70 with 515.80 and 517.20 targets.

• 515.50 is a weekly resistance level.

• Bearish below 512.30 with 510.80 and 509.80 targets.

• 490.80 is the weekly flip; a drop below here could target 480.30.

Keep it easy 👊 Subrocs

Analysis and ideas. Not financial advice.