SPY Levels 11/14/22

Good Morning Trader and Happy 9-0 day. The Eagles take on the Washington Commanders tonight, if we lose I can promise the quote will directly be correlated with keeping your chin up. This weekend I had the pleasure of watching one of my friends get married in South Philly. Congrats my good buddy DJ Cannoli, Dom Dego. 

Quote of the day: “The future belongs to those who believe in the beauty of their dreams.” -Eleanor Roosevelt

I enjoy reading about Eleanor who was orphaned as a young child and the odds continued to stack against her. Despite this Elanor went on to earn 35 honorary degrees, flew with Amelia Earhart and even helped draft the Universal Declaration of Independence. We need to continue to dream and not become complacent. 

This week will need patience, we are at a big level on SPY and I would not be suprised if we chop here for a certain amount of time. False Breakouts / Breakdowns and then they make the move quick and swift. To avoid this we take our opportunities when they are presented to us on a silver platter. 

SPY Levels for the day:

No interest zone: 395.91 - 399.95 

Above Targets:  Above 399.95 and we see 401.40 and enough push 402.13

Below Targets: Below 395.91 and we will see 393.84 and have a chance at 392.19 

As promised I will include other tickers: 

AMZN Levels for the day: No Interest: 98.39 - 101.50Above Targets:  Above 101.50 and we can see 102.72Below Targets: Below 98.39 and we will see 97.91 and have a chance at 96.93