Morning Market Rap 12/30/21 by CTG

SPY / QQQ / Vix

SPY 5 days, hourly candles S&P futures trading up near the higher end of yesterdays range 478.53 the corresponding futures high

476.64 the corresponding futures low

SPY 3 months, daily candles Briefly broke Tuesdays low yesterday but saw no follow thru on any daily consolidation 478.56 the high from yesterday and first resistance

478.81 ATH right after that 475.92 the low from yesterday and first support

472.01 next

469.75 the 12ema

467.81 small open gap

463.67 the 50 day MA

QQQ 5 days, hourly candles Nasdaq futures also trading up in the higher end of yesterdays range 402.88 the corresponding futures high

400.50 the corresponding futures low

QQQ 3 months, daily candles A bit more daily consolidation got underway here, but some dip buying saw a strong close and lower wick 399.11 the low from yesterday and first support

395.59 the 12ema

391.43 the 50 day MA 403.05 the high from yesterday and first resistance

404.58 after that

408.71 previous ATH next

Jan Vix futures 3 months, daily candles Continues to bleed out this week, testing yesterdays lows currently

Spot Vix 3 months, daily candles Daily bear flag look from yesterday started to follow thru, slow bleed out into the end of the year continues with 16ish looking like next "support"

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