📓 Playbook : SPY/SPX/QQQ/IWM
Key Levels Friday 01.17.25
Working on a few technical integrations that I hope to have finished soon to boost levels insights for everyone going into 2025 ✌🏼
Plan the trade, trade the plan.
SPY
Decision point rests at 592.30
- Bullish: Over 593.70 with 595.70 and 597.10 targets.
- Bearish: Below 590.30 with 588.90 and 586.80 targets.
- Weekly levels: 593.90 is resistance; 607.40 and 615.00 are higher resistance targets. 586.20 is support, with further downside at 572.70 and 565.10.
SPX
Decision point rests at 5944.30
- Bullish: Over 5957.90 with 5978.30 and 5991.90 targets.
- Bearish: Below 5923.90 with 5910.30 and 5889.90 targets.
- Weekly levels: 5962.80 is resistance; 6098.60 and 6176.10 are higher resistance targets. 5885.30 is support, with further downside at 5749.60 and 5672.00.
QQQ
Decision point rests at 515.00
- Bullish: Over 517.10 with 521.10 and 523.20 targets.
- Bearish: Below 510.90 with 508.90 and 504.80 targets.
- Weekly levels: 522.10 is resistance; 537.00 and 546.10 are higher resistance targets. 513.00 is support, with further downside at 498.10 and 489.00.
IWM
Decision point rests at 224.10
- Bullish: Over 225.50 with 226.60 and 228.00 targets.
- Bearish: Below 223.00 with 221.60 and 220.50 targets.
- Weekly levels: 224.30 is resistance; 231.70 and 236.20 are higher resistance targets. 219.80 is support, with further downside at 212.40 and 207.90.