SPY / QQQ / Vix
SPY 5 days, hourly candles S&P futures hit new blue sky overnight, before pulling back early AM on new Covid lockdown in Austria, fears Germany will follow 468 the corresponding futures low so far
472 the corresponding futures high
SPY 3 months, daily candles
Quick pullback to just above the 12ema (white line) yesterday got bought fast. S&P futures hit new highs overnight before pulling off some. 470.01 the high from yesterday and first resistance
470.49-470.65 previous ATH after that
472 the corresponding overnight futures high 466.34 the low from yesterday and first support
462.04 after that and spot for bulls to hold above to keep the uptrend on this timeframe, if we see deeper daily consolidation
453-455ish next support zone
450.71, 447.55 open gaps
449.44 the 50 day MA
QQQ 5 days, hourly candles
Nasdaq futures with more all time high follow thru in futures action; Holding most of the gains still and staying stronger than the S&P
QQQ 3 months, daily candles 402.27 the new all time high from yesterday - trading above there currently so gap up open setting up 397.45 the low from yesterday and first support
393.66-394.28 next
387.53 after that and spot for bulls to hold anywhere above to maintain the daily uptrend
380.70 next
376.53 the 50 day MA
IWM 3 months, daily candles
Still weak and seeing daily consolidation here. Russell futures weak as well and setting up for the gap down open this morning; this pullback off the new all time highs is coming back into the top of the breakout area from early November. Hourly and 4hr RSI oversold and due for some type of relief bounce.
December Vix futures 3 months, daily candles
The double bottom bounce look here is seeing more follow thru today and staying perky. Coming into the next "resistance" area at 21.50ish.
Spot Vix 3 months, daily candles
Follow thru here yesterday and today, 20 psychological next spot to watch
https://www.briefing.com/stock-market-update
