Two Sentence Traders

SPX pinned between 7533 support and 7565-7572 resistance, QQQ needs 710

By rummy ·

Save-me support on $SPX sits at 7533-7537 right now, not much strength below it until 7501 and then 7475-7490. Resistance stacks overhead at 7565-7572, then 7600-7608 and 7644 further out. $QQQ needs to hold 710, lose that and it's no good. On ES, 7575 is the warning shot level, buyers may step in to defend it like they did yesterday, but if it's lost into the close that's a bad sign heading into tomorrow.

chart

chart

chart

chart


Aggregated and distilled by Two Sentence Traders. Not financial advice.