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What's going on guys welcome back to the channel, appreciate you guys tuning in going to try to make this as quick as possible. This was support. That's why we bounced we broke it down. We went to the next one: that's why we bounced sellers are so strong.

We go through it once we go through it. This is the rejection to continue down. So this is your pullback. Re-Test breakdown.

Go markets, get a little ahead of themselves. Shorts and dip buyers bring the market back up and go. Do we really want to be below that level? We pull back and create a flag pattern which then breaks out and above it we then pull back down to it, and that would be the re-test of the break up market moves higher. Okay, so you know the market doesn't really give you a snapping sell-off unless you go below the 447.86 and you know the market in terms of swing long.

I guess, isn't really swing long unless you are maintaining back above 450, 181. So, on an intraday perspective, max long for me right now, when we look at the spy would be 451.81 pullback destination start today would be back down: 448, 54, 447, 86, but no snap break down until below 447 86 and maintaining okay. I hope that was clear. Qq alrighty, so when you look at the qqq, you will see that support was here.

We went up. We actually broke that one and bounced the spy one blah blah blah. So maybe we're not going to intermix spy and qq. We'll just talk like we're.

Looking at the cues for now so this was a support we broke it down either way. It goes up, comes back below we reject off of we go down to the next. We bounce we continue through, and snap and blah blah blah spying. This they pop up create a flag pattern, push so looking at the qs max long.

In the day. For me, 361 76 pullback destinations will be back down at 356.28 and 355.33. So that's pretty much it swing. Long is not really happening until you're.

Up and above that and maintaining otherwise it was dip long right so down your dip long, maybe for a swing, and you hope it gets over that. But if it doesn't then you're not really winning the battle so 360. 176. That's your resistance.

356. 28. 355. 33.

Is theoretically your support, but support is generally the best or easiest when it is first attempt as a market was here, then it went here, and that was the first time trying to go through that. This would be the second time trying to go through that after we kind of just got there right, you could be looking at this and going oh well. We were there this time. True true, this would be a second attempt if you're counting that try but again it's the concept that we came to here and we push away all right now, we're coming back in for the first time.

There's some defense there. So you already know a bigger sell-off happens below that level today and you know where resistance is going to be at and that's potentially up there um, that's that's probably about it all right. You guys have a good day.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “Key levels for stock market today 2/11/2022”
  1. Avataaar/Circle Created with python_avatars SCADjacket says:

    β˜•πŸŒž

  2. Avataaar/Circle Created with python_avatars sharkbizzy says:

    I got a notification too. Maybe theyre being less obvious with their shadow ban now

  3. Avataaar/Circle Created with python_avatars Daniel Christopher says:

    Any Outlook on Crypto goin forward? Most seem to follow the markets

  4. Avataaar/Circle Created with python_avatars THE FUTURE IS MGTOW says:

    Damn I wanted to be first

  5. Avataaar/Circle Created with python_avatars Daniel Christopher says:

    Why is it not BRT? Anymore, jus curious

  6. Avataaar/Circle Created with python_avatars Jeramy Bennett says:

    Hey I got a notification!!

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