Dec. 2 at 2:12 PM
$SPY Yesterday we talked about a 678.63 level and a potential test of 683.20, this scenario played out exactly as described. As a caveat we also came back down and tested 679.80 in afterhours. Today I would watch this 683.20 again, if we do get over this level, expect a push towards 684.92. I’m more cautious about this trend today, considering the heavy overhead we start facing around 683.20.
$NQ Again, as we said yesterday, this 25357 test has demonstrated strength in the overall market, I would watch for 25524.25.
$QQQ If we remain over 619.52, expect a 622.15 test.
$RTY Tailwind to the broader market, watching
$VSME.
$AAPL Chop here, needs over 283.48 for continuation, again lots of overhead around this level, if we cannot remain over 281.97 expect a 280.40 test.