SPY / QQQ / Vix
SPY 5 days, hourly candles S&P futures attempting to hold above the lows from regular trading hours/after hours yesterday as overbought hourly, 4hr RSI conditions cool down 455 the after hours low before futures opened
456.96 the corresponding futures high
SPY 3 months, daily candles Gap up created from the open yesterday filled yesterday, bulls looking to avoid daily consolidation and hold the low of yesterday. Lots of support on the way down if that breaks, with a lot of breathing room for bulls to defend the uptrend on this timeframe. 455.56 the low from yesterday and first support, looking to get tested first thing
452.39 next
451.05 after that
448.27 next with an open gap to
447.55
443.86 the 50 day MA
458.49 the new all time high set yesterday and the only resistance
QQQ 5 days, hourly candles Nasdaq futures with a similar look as they're also trying to hold above the lows from yesterday 378.09 the corresponding futures low
379.97 the corresponding futures high
QQQ 3 months, daily candles Fell just short of the previous all time high by .07 - bulls looking to hold the low from yesterday and avoid daily consolidation as the 4hr, hourly RSI's cool down 377.91 the low from yesterday and first support, looks to get tested first thing
372.39 next and the new daily "higher low" - bulls looking to stay above those levels or risk losing the uptrend
370.52 the 50 day MA
366.82-366.99 next support area
382.71 the high from yesterday and first resistance,
382.78 the previous ATH
Nov Vix futures 3 months, daily candles
Still languishing near the recent lows, would need the broad market to see some daily consolidation to get some lift
Spot Vix 3 months, daily candles
Some mild higher highs yesterday coming off a pretty low base and yearly lows; Inside bar day so far. If that breaks bulls we'll see daily consolidation in the market finally get underway.
IWM 3 months, daily candles Setting up for a gap down open under the 227.80 low from yesterday, in a choppy daily chart that keeps flirting with all time highs and pulling off.
225.69 the last daily "higher low" pivot area and the spot for bulls to defend to keep all time high talk in the picture. Hourly RSI would be oversold into that level.
https://www.briefing.com/stock-market-update
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