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$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$$CBOE...

$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ The conservative pattern target on SPY is still around 589, possibly even 587 (590 if your charts have adjusted prices). IF we get that low price would be below 4-hour support and I would have to wonder if we'd even go for a gap fill from 12-20 down to ~580. The pattern target on QQQ is around 515, which could also place it below a key level. VIX ​has still yet to hit the target of ~20.
For anyone clueless as to what is going on, on 12-18 after Papa Powell shocked the markets we had a 2 day selloff, then rallied that Friday, but have now failed to reach the previous high and will close the week with a lower high.
However, I will be covering potential bullish setups in my weekly analysis video this Sunday, so please sub so you won't miss it. - - >Derpy Trades
Best of luck, Cool Cats, and God bless!
Not financial advice.
$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$$CBOE Volatility S&P 500 Index (.VIX.US)$ The conservative pattern target on SPY is still around 589, pos...
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