11/27 Weekly Trade Plan
SPY SPX QQQ
SPY
The Market Makers (MMs) weekly implied move is $4.71
Upper range = 460.01
Lower range = 450.59
We only have a few trading sessions left on November’s profile. We are coming into July’s VAH at 458.54, if the bulls can overtake that level with volume, we could see a bigger squeeze up. There are zero naked levels above this VAH on the monthly profile. We will have to drill down to the weekly to find the important levels above 458.54.
Bulls also want that September POC at 445.98 to hold as support.
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