SPY / QQQ / Vix
SPY 5 days, hourly candles S&P futures saw downside follow thru under yesterdays regular trading hours lows, trying a bounce now that started just ahead of hourly oversold RSI conditions 465.35 the corresponding futures low
468.36 the corresponding futures high
SPY 3 months, daily candles Strong opening drive to new all time highs, followed by a high volume sell off into the end of the day and daily consolidation. So far we're staying above the 12ema which has held since mid October 467.35 the low from yesterday and first support, trading a bit under there currently so a gap down open shaping up
466.55 is the daily 12ema
462.04 is the previous daily "higher low"; hold anywhere above there and bulls keep control of the uptrend on this timeframe
453-456 next support area
450.71, 447.55 open gaps
450.33 the 50 day MA
473.54 the high from yesterday and new all time high the only daily resistance
QQQ 5 days, hourly candles Nasdaq futures also broke their RTH lows in futures action, so far a weak bounce after clicking hourly oversold RSI conditions 396.84 the corresponding futures low
400.15 the corresponding futures high
QQQ 3 months, daily candles New all time high straight into a high volume pullback bearish engulf candle here also; Still above daily 12ema 399.19 the low from yesterday and first support, trading under there now so gap down open setting up
396.32 the daily 12ema
387.53 the previous daily "higher low" and spot for bulls to hold anywhere above on this pullback to keep the uptrend
380.70 after that
377.54 the 50 day MA
408.71 the high from yesterday and new all time high resistance
Dec Vix futures 3 months, daily candles
Testing the highs from 11/10 after continuing the daily "higher highs" look we've now seen 5 days in a row
Spot Vix 3 months, daily candles
Pushed over the psychological 20 level earlier, getting a little daily uptrend confirmation; pulling off the highest levels currently and back under 20, so we'll see if this gets any more follow thru upward/along w the broad market seeing deeper consolidation down
https://www.briefing.com/stock-market-update
