SPY / QQQ / Vix
SPY 5 days, hourly candles S&P futures broke the RTH lows from yesterday overnight; Holding above Friday's lows still 458.20 the corresponding futures low
466.38 the corresponding futures high
SPY 3 months, daily candles The overhead gap filled yesterday as we pierced back above the 12ema (white line) but failed to close back above, and saw some indecision end of day/ended up with a doji candle 461.73 the low from yesterday - trading below there currently so a gap down open is shaping up
457.77 the low from Friday and next support - break that level with some follow thru and an inability to quickly get back above and we'd confirm a daily downtrend
451.94 the 50 day MA the spot to watch after that
450.71, 447.55, 442.66, 436.05 open gaps after that 466.56 the high from yesterday and first resistance
469.57 and 473.54 previous ATH after that
QQQ 5 days, hourly candles Nasdaq futures maintaining their relative strength in futures action as they only tested about halfway into yesterdays RTH levels 400.80 the corresponding futures high
396 the corresponding futures low
QQQ 3 months, daily candles So far this has maintained it's daily uptrend; Yesterday saw a push back above the 12ema (white line) and a close back above 395.14 the low from yesterday and first support
389.77 the new daily "higher low" and spot for bulls to hold above to maintain that daily uptrend
387.53 next
Then 380.70 and the 50 day MA at
379.17 400.73 the high from yesterday and first resistance
408.71 previous ATH after that
IWM 5 days, hourly candles
Small caps seeing the most damage on the new Corona virus Omicron variant fears; Lost the lows from last Friday and on the weak end of the broad market index spectrum
Dec vix futures 3 months, daily candles
Massive ranges and movement here since the Omicron fears emerged; Yesterday saw a retracement of over half of the big spike, but today it's getting a chunk of that back on broad market futures weakness
Spot Vix 3 months, daily candles
Yesterday saw a big vol crush here as well and almost filled the gap that was created from last Wed to Friday, but today it's now back over yesterdays highs after making a push to test Friday's highs earlier. Expect wide ranges and movement in everything, both directions.
https://www.briefing.com/stock-market-update
