SPY / QQQ / Vix SPY 5 days, hourly candles S&P futures sideways within Friday's range 451.80ish the corresponding futures low
454.10 the corresponding futures high
SPY 3 months, daily candles A tease of daily consolidation on Friday with no follow thru, potential bearish reversal doji candle put in, watching for confirmation today - Which would be an open, and more importantly a close below 453.12. Trading above there currently in futures/pre mkt action. Plenty of room for bulls to maintain the daily uptrend once consolidation does begin, anything above 431.54 would be a daily "higher low". 451.05 the low from Friday and first support, break below there and we'd see daily consolidation follow thru
450.71 small gap to fill
448.27 next
447.55 another open gap
443.49 the 50 day MA
443.27 next candle support
442.66 next open gap454.67 the new all time high and only resistance, looking to get tested first thing as we're just under there currently in pre mkt action
QQQ 5 days, hourly candles Nasdaq futures have also stayed within Friday's range since the Sunday evening open, currently trading right in the middle of said range 372.90ish the corresponding futures low
375.27 the corresponding futures high
QQQ 3 months, daily candles Daily consolidation began here on Friday, we'll see if it remains shallow and holds above the 50 day MA 372.39 the low from Friday and first support
370.13 the 50 day MA
366.82-366.99 next support area
363.01 next
360.69 open gap
356.48 the last daily "higher low" and spot bulls need to stay above to maintain the uptrend 376.97 the high from Friday and first resistance
377.47 next
379.43 after that
382.78 the previous all time high
Nov Vix futures 3 months, daily candles
Hanging out near the lows, inside bar day so far within Fridays range. We'll see which way that breaks to give an indication if we're going to see some deeper consolidation of the recent broad market gains, or if we keep on heading higher.
Spot Vix 3 months, daily candles
Inside bar day here so far too, hanging out near the higher end of Friday's range
https://www.briefing.com/stock-market-update
Comments