SPY / QQQ / Vix
SPY 5 days, hourly candles S&P futures trading in a tight range up near Thursday's highs 472.36 the corresponding futures high
470.45 the corresponding futures low
SPY 3 months, daily candles Daily equilibrium look/tightening range looking to test upper resistance/recent ATH's first thing to start the week. Will a Santa rally push us thru or will we reject resistance and tighten up further and start daily consolidation? 427.19 the high from Thursday and first resistance
472.87 next
473.54 previous ATH resistance
468.64 the low from Thursday and first support
467.81 open gap
461.75 the 50 day MA
455.40 small open gap
451.14 the most recent daily "higher low"
QQQ 5 days, hourly candles Similar look here as the Nasdaq futures also trade in a tight range up near the highs from Thurs 399 the corresponding futures high
396.77 the corresponding futures low
QQQ 3 months, daily candles Bulls looking to test/break the recent resistance areas when regular trading hours open with a third attempt. Bears looking to reject that area, start daily consolidation of the move from last week, and keep the daily downtrend in play. Even if daily consolidation does start, bulls have created enough space to look for a daily "higher low" anywhere above the 12/20 low of 377.47 398.43 the high from Thursday - trading above there by a tad currently so small gap up open setting up
400.20-401.19 the next resistance zone
408.71 the previous ATH and only resistance left after that 394.14 the low from Thursday and first support
389.47 the 50 day MA
380.20, 377.47 next support areas
January Vix futures 3 months, daily candles
Testing recent lows
Spot Vix 3 months, daily candles
Broke back below 20 on 12/22 as fear eased, hanging out in the 18 area currently. Intraday ranges on the indexes will become smaller the lower this goes.
https://www.briefing.com/stock-market-update
