Friday 10/13/2023

friday the 13th

Intro

Thursday

SPY low volume. Neutral. Watch 433.64.

QQQ big trade is borderline. Good level to watch tomorrow is 370.

IWM trades. Most are green or borderline

Realtime trades high volume IWM TSLA. Could be profit taking.

• Watch TQQQ 38.90

Close prints neutral. High volume IWM.

Macro normal downtrend.

Friday

SPY 433.64 broke and dropped to 430 level and is now close to the 20 day daily moving average.

Q’s lost 2 levels and now sits at 364 level.

IWM is right on the 50% Covid retrace.

SPY PRINTS

These trades cancel each other out. Neutral