📓 Playbook : SPY/SPX/QQQ/IWM
Key Levels Tuesday 12.17.24
“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”
Will Durant
Update: Added IWM
Plan the trade, trade the plan.
SPY
Decision point rests at 606.60
Bullish: Over 608.00 with 609.20 and 610.60 targets.
Bearish: Below 605.40 with 604.00 and 602.90 targets.
Weekly levels: 607.70 is resistance; 611.20 and 614.00 are higher resistance targets. 604.90 is support, with further downside at 601.40 and 598.60.
SPX
Decision point rests at 6072.80
Bullish: Over 6086.50 with 6098.90 and 6112.50 targets.
Bearish: Below 6060.40 with 6046.80 and 6034.40 targets.
Weekly levels: 6085.90 is resistance; 6120.60 and 6148.60 are higher resistance targets. 6057.90 is support, with further downside at 6023.20 and 5995.20.
QQQ
Decision point rests at 536.80
Bullish: Over 540.60 with 543.00 and 546.80 targets.
Bearish: Below 534.50 with 530.70 and 528.30 targets.
Weekly levels: 536.00 is resistance; 541.60 and 550.00 are higher resistance targets. 527.60 is support, with further downside at 522.00 and 513.60.
IWM
Decision point rests at 234.10
Bullish: Over 235.90 with 237.40 and 239.10 targets.
Bearish: Below 232.60 with 230.80 and 229.30 targets.
Weekly levels: 238.90 is resistance; 244.90 and 248.40 are higher resistance targets. 235.40 is support, with further downside at 229.40 and 225.90.