Morning Market Rap 11/15/21 by CTG

SPY / QQQ / Vix

SPY 5 days, hourly candles S&P futures continued Friday's intraday bounce 467.31 the corresponding futures low

468.55 the corresponding futures high

SPY 3 months, daily candles Thursdays inside bar broke bullish Friday; new "higher low" set at 462.04 467.86 the high from Friday - trading a bit above there now so a gap up open setting up

470.65 previous all time high resistance after that 464.11 the low from Friday and first support

462.04 next and the new spot for bulls to stay above to keep the daily uptrend

453.86 next support

448.04 the rising 50 day MA

QQQ 5 days, hourly candles Nasdaq futures also saw continuation of Friday's bounce 396 the corresponding futures high

395.25 the corresponding low

QQQ 3 months, daily candles Inside bar bull break Friday here as well, new daily higher low set at 387.53 395.25 the high from Friday - trading a tad above there so gap up open setting up here also

400.99 previous ATH resistance after that 390.13 the low from Friday and first support

387.53 next and the new spot for bulls to stay above to keep the uptrend on this timeframe

380.70 next

375.18 the rising 50 day MA

IWM 3 months, daily candles Small caps didn't get the bull break here on Friday, but are starting to push thru it in futures/pre mkt action

Dec vix futures 3 months, daily candles (November contract expires tomorrow so moving onto Dec) Heading down for the test of recent lows here

Spot Vix 3 months, daily candles Thursdays daily inside bar broke bearish here on Friday, another inside bar so far today as we head down to test recent lows

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