In this pre‑market briefing, the host delivers a detailed technical analysis for the SPY ETF and the QQQ ETF, outlining current market conditions, key support and resistance zones, and specific intraday trade setups. For SPY, he maps out bullish targets above 682.00, identifies several price levels tied to large volume prints and moving averages (50‑day SMA, 100‑day SMA, 200‑day SMA/EMA, and exponential moving averages), and defines bearish zones below 679.00 with corresponding downside targets. For QQQ, he sets bullish targets above 609.50, lists incremental profit levels up to around 620.00, and outlines bearish thresholds below 607.00 with a cascade of lower targets. Throughout, he references recent large‑trade volume prints (e.g., 6.6 M, 3.22 M shares) to justify price levels, notes the higher‑time‑frame context, and anticipates volatility and profit‑taking. The video concludes with a standard call‑to‑action (like, share, subscribe) and a partnership disclosure for MobyTick’s integration with TrendSpider.
Chapters
Good morning, traders. It's Tuesday, January 20th at 4:19 AM. All right, I've got 2 stocks for you today. We've got SPY and we've got the QQQ, and the markets are down this morning. There was a good indication of that yesterday looking at the futures, even though that the regular stock market was closed. So anyway, let's go ahead and have a look here on the right-hand side, largest trades in the last month. We can see This consolidation period between these lower prints, higher prints, tagging it again, and then we got prints here at the top. Look at this: 6.6 million, 3.22, 6.9 million here. And now we're breaking below that, this 50 simple moving average here. And so we can probably come down maybe to this 100 around 673. We'll see what happens. So let's go ahead and map this out. We are going to be bullish above 682. Let's get above this print right here. Target 682.50, taking a little bit of money off the table. 683.70 is S3. 684.97 is 2.8 million. 686.86 and then 687.50. And this 687.50 is a CAM. It also would be probably retracement to this 4 exponential moving average right about here. The 687.85 is S2. 689.38 is a CAM. And then 689.76 is S1. And then we're getting into all of these prints up here. So we've got my 200 simple, 200 exponential, 50 simple, and then 2, 4, 6, about 7, 8 million there. And this 689.60 is a 6.9 million. Share trade. So this can be heavy resistance coming back up to here. And then you can see from the post-market, uh, $6.91 area would be resistance as well. So on the downside, we need to see what's below us. I'm going to switch this to 90 days, and now we can see the prints that are actually below us. So to do this, we're going to be bearish below $6.79 That's this S4 right here. So if we break below this $679, and then we've got $677.50, $675.40 right here. $675.14 is a 5.8 million share trade. So we'll see if this holds, this S5. $671.27 is a 4.9 million share trade. And then $6.70, $6.65, $6.62, $6.71 is this 6.1 million share trade. And then just below, I mean, if we're running this 4 and 8 exponential moving average like this, it's not stopping. You can stay in the trade, right? So we have to look at the higher time frame. And then maybe this here, $6.73, and then this one, and then $6.62 would be Maybe not today. We'll see. Usually when there's a corrective move, the downside is much quicker. So we'll just see how that happens. But anyway, there'll probably be some profit taking, some bounces, a little bit more volatility today on that. So let's go ahead and look at the QQQs. We're going to be bullish above 609.50. Let's get above this 3.7 million. Target 610, 612.50, 614.03 is a cam, 614.87 is S2, 615.54, 2.7 million, 616.96, 3.7 million, 617.30 is a cam, and then 618.07 is S1 right about here. And then if it continues up, Then sure. But look at this, 5, 6.4 million here starting at 616.50 to 617 being the dollar level. This might be a little bit tight. We can try and push through some of these cams to get up maybe to here around 620 if that's the case, but just have some sort of profit exit here to let the last bit run. Uh, we're gonna be bearish below 607. Let's get below this S3, which is usually oversold. So we've got 7— what's this? 4, 7, 8.4 million. We're stuck in between right now. So if we close below 607.50, then we've got a really nice run here. 607, 605, 602.50, 647. I've broken this up into maybe some profit targets on that. Then we've got 599.82 as a 2.6 million. And then we've got 597.50, 593.27, and then 590. And then same sort of thing, if this is still moving down, small bounce, regular market structure, 585.60. And then there's nothing below us to stop, so we got to look at the higher time frames, which would take us all the way down to here, 585.60. And this is back when we had this Big pullback November 20th. You can see this is where they were buying here that had this upthrust over this few weeks here. This 2.5 million kicked it off all the way up to here. Okay, so there you have it. Those are your two trade setups for today. So please like, share, subscribe, do all of that great stuff. And we'll see you later this afternoon for our results video. Happy trading, everyone. MobyTick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
