SPY Levels 11/11/2022

Good Morning Trader!

Quote of the day: “Take rest; a field that has rested gives a bountiful crop” – Ovid

I love this quote, I am all about hard work but we need rest. Good week, bad week... it could always be worse. Stop, smell the roses and be thankful. Call your mother (I have to do this after finishing this), buy your significant other flowers, and if you have no one to buy flowers for old hugh loves flowers. This brings me to an important point: It is FRIDAY, do NOT go into the weekend with a big loss. Not only will it ruin your weekend but it will also ruin the weekend for the people around you (By you being unbearable).

SPY Levels for the day: I have 0 interest in buying up here. It is Friday, We are very over bought short term and coming up to big resistance. Very good chance we just flirt with resistance all day. No headache Friday is the coined phrase. No trade is probably the best trade today unless A+ setup.

No interest zone: 394.33 - 398.7

Above Targets: Above 398.7 and we see 399.79 and 401.35

Below Targets: Below 394.33 and we will see 391.94 and I could see us going for 388.91

As promised I will include other tickers:

AMZN Levels for the day: No Interest: 97.43 - 99.41Above Targets: Above99.41 And we get 101.01Below Targets: 97.43 and we get 96.21 and 94.24 in play