SPYder_QQQueen_Trading

SPYder_QQQueen_Trading

So we got above that mess of resistance - that is impressive for sure. And the 35EMA is still underneath the 30min 200MA - so believe it of not we are bearish here until that crosses. And it looks like with a down gap at open this could be a level of rejection here today. This does look very bear flaggy to me - though yesterdays price action really tried to...

SPYder_QQQueen_Trading

Alright, y’all…. So I am still sick so no videos until this get’s cleared up. But here is the chart for today. I feel good enough to maybe trade today but still kind of Meh… LOL…. I don’t get sick often and MAN this stinks. So a regression trend off of those two highs (dashed green line) point to that gap from last Thursday with the 1hr 200MA as an area...

SPYder_QQQueen_Trading

CBOE:SPX Analysis, Key Levels & Targets for 10.28.24 Alright, y’all…. So I am still sick so no videos until this get’s cleared up. But here is the chart for today. I feel good enough to maybe trade today but still kind of Meh… LOL…. I don’t get sick often and MAN this stinks. Previous support (5805) is right at the bottom of the gap we opened...

SPYder_QQQueen_Trading

AMEX:SPY Analysis, Key Levels & Targets for 10.29.24 Alright, y’all…. So I am still sick so no videos until this get’s cleared up. But here is the chart for today. I feel good enough to maybe trade today but still kind of Meh… LOL…. I don’t get sick often and MAN this stinks. Previous support (580) is right at the bottom of the gap we opened...

SPYder_QQQueen_Trading

OK, so the bottom of the implied move for the week and the top of the implied move for the day overlap with a bear gap. That is a very interesting signal and something that I have never seen before. So, getting back into the implied move for the week could be a challenge, which is above 427. Without being sad, the implied move for today is between 420 and 430. To...

SPYder_QQQueen_Trading

DIA also gapped underneath the bottom of the implied move for the week, which was 427, and dropped from there. We saw 427 as support the day before, then we popped up to the 35 EMA, and then gapped down underneath the bottom of the implied move. That is a very interesting signal; we saw 427 as resistance, and then dropped underneath the 30-minute moving average,...

SPYder_QQQueen_Trading

OK, so in IWM, we had a big move this week, and one thing to definitely be aware of is that the 35 EMA is sitting right at the 30-minute moving average. If we get follow-through there, meaning that the 35 EMA crosses underneath and continues going down, then we are bearish in IWM. There's a lot of mixed signals, such as stochastic RSI being extremely oversold, but...

SPYder_QQQueen_Trading

OK, here in QQQ we bounced yesterday after a really big drop on the one-hour 200 moving average. 486 is the bottom of the implied move for the week, and that is also where we bounced. So, the two levels together caught us. Now, to the upside, we have the 30-minute 200 moving average. We did crush through that level without much support there and then dropped down...

SPYder_QQQueen_Trading

OK, so in SPX, here we also closed right at the bottom of the implied move for the week, which is 5800. If you've been watching the videos you know how we got that number. That's the number right in the middle of the trading range. Above us, we have the 30-minute moving average and the 35 EMA; they are both in today's trading range, and the way they interact is...

SPYder_QQQueen_Trading

Alright guys, so I'm not making a video tonight. I lost my voice; I caught a cold or something like that. But, we are opening right at the bottom of the implied move for the week, which is 578, and we also closed right at the 30-minute moving average. So, if you look at that momentum—the 30-minute moving average momentum and the one-hour moving average...

SPYder_QQQueen_Trading

Here’s a quick look at Tesla’s implied move for earnings tomorrow, along with a few key levels. I don’t track Tesla closely or trade it, but this is just a reading of the expected move. The implied move for tomorrow is based on options data, giving us a sense of the range we might see post-earnings. Keep an eye on those levels if you’re interested, but again, this...

SPYder_QQQueen_Trading

The implied move for DIA tomorrow is between 424 and 434, while the implied move for the week remains between 427 and 438. Anything below 427 is considered very oversold for the week. To the upside, the 35 EMA is right at where we closed today, and it’s the first level we need to pay attention to. If we get above that, the next resistance level is around 431,...

SPYder_QQQueen_Trading

IWM is currently sitting just above the 30-minute 200 moving average and right above the bottom of the implied move for the week. With that being said, The implied move for tomorrow is between 219 and 224, based on options. The 30-day average volatility is almost aligned with this, giving a range of 218 to 224. On Thursday’s contract, the implied move is slightly...

SPYder_QQQueen_Trading

In QQQ, the implied move for tomorrow is between 492 and 500, based on options data. The 30-day average daily volatility adds a dollar to each direction, giving a range of 491 to 501. On Thursday’s contract, the range is a dollar wider, from 490 to 502. Tesla’s earnings report tomorrow could explain the wider range on Thursday. The 35 EMA is below us, and though...

SPYder_QQQueen_Trading

Tomorrow’s implied move in SPX is between 5815 and 5885. That range comes from options and the 30-day average daily volatility, which aligns with Thursday’s implied move of 5805 to 5895. The first level to watch is the 35 EMA, which is cutting right across the trading range. It was below us at yesterday’s close, but depending on where futures open, it could be to...

SPYder_QQQueen_Trading

Alright guys, so tomorrow’s implied move is between 580 and 587, with the 35 EMA just underneath us. That’s definitely an important level to watch right away. Looking at where futures are at the moment, that level could be to the upside at open, so keep an eye on that 35 EMA. If we can get above that, our first level of resistance is 585. Aside from a quick pop to...

SPYder_QQQueen_Trading

Ok so we are just under ATH’s here. The implied move for tomorrow is between 427 and 435. That’s about all I’ve got in me for this analysis tonight… LOL. If you’ve been watching the vides lately then you probably don’t even need an explanation. GL tomorrow, y’all

SPYder_QQQueen_Trading

IWM has been on fire lately. Today, the 35EMA crossed into the green side of the trading range. That doesn’t happen to often. If you watched the video you know what I’m talking about. So lets see it that is a signal for a pull back from here. The implied move for tomorrow is between 224 & 229, and 223 to 230 on Fridays contract… The previous resistance...