top of page
Search

Morning Market Rap 12/15/21 by CTG

SPY / QQQ / Vix

SPY 5 days, hourly candles S&P futures sideways near yesterday's close ahead of the Fed announcement (2et) / Powell presser (2:30et) 462.61 the corresponding futures low

464.15 the corresponding futures high

SPY 3 months, daily candles Filled the open gap yesterday as it tests lower into the recent range; Broke the 12ema (white line) but holding above the 50 day MA so far 460.25 the low from yesterday and first support

457.64 the 50 day MA

448.92 the recent fear low, bulls are searching for a "higher low" anywhere above there 465.74 the high from yesterday and first resistance

466.27 small open gap

470.90 next resistance

QQQ 5 days, hourly candles Nasdaq futures mostly sideways overnight as well 386.50 the corresponding futures low

389 the corresponding futures high

QQQ 3 months, daily candles Lower gap filled here along with a pierce of the 50 day MA, but a close back above. Still in a daily downtrend here. 385.21 the 50 day MA

383.63 the low from yesterday and next support

378.90-379.30 the recent lows; Bulls are looking for a hold above those levels

372.39 the next area of support if those don't hold 390.09 the high from yesterday and first resistance

391.88 open gap

398.33 next resistance

400.20-401.19 next major resistance area

Dec Vix futures 3 months, daily candles Yesterdays bounce saw some follow thru; Inside bar so far today within yesterdays wide candle

Spot Vix 3 months, daily candles Continuation of the bounce and push thru the 20 level with 23 being the high on the day; Tight range today inside yesterdays upper 1/3 of the range

https://www.briefing.com/stock-market-update




3 views0 comments

Recent Posts

See All
Post: Blog2_Post
bottom of page