11/13 Weekly Trade Plan
SPY SPX QQQ
SPY
Market Makers weekly implied move = $6.47
Upper Range = 447.08
Lower Range = 434.14
On the monthly profile, we are now pushing up and away from October’s value area. October’s VAH was 435.51. Above this level, the next big level of importance is 445.98, September's POC. Under 435.51 opens the door for a 422-420 retest, but we need to drill down and see if we have other areas of possible support if we lose October’s VAH.
