For short and intermediate-term trades, we recommended in our post for today Monday to enter long $SPX $NDX SPY QQQ TQQQ at Support1 with part of your trading capital.
Early this morning Monday, $NDX QQQ TQQQ pretty much reached Support1 level from yesterday's S/R table, before doing a sharp upward reversal. However, $SPX SPY didn't even come close. The bullish momentum was very strong today.
The rest of this article covers:
Table of support and resistance levels
Market directions: short, intermediate and long term
Planning your trades
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