📌 INDEX LEADERS – MARKET DIRECTION 1️⃣ SPY – S&P 500 ETF 🧭 - Premarket: ~652, roughly flat after yesterday’s -1.5% selloff. - Context: Tech-led washout yesterday, futures choppy this morning. - Levels to watch: 🔻 Support: 651–652 (yesterday low/close) 🔺 Resistance: 660 (first reclaim), then 672–676 (last breakdown zone) - - A+ focus: Breakdown watch if 651 snaps and can’t reclaim. Reversal / breakout watch on strong reclaim above 660 with volume. - 2️⃣ QQQ – Nasdaq 100 ETF 💻 - Premarket: Down ~0.4% after a -5.9% 5-day slide. - Context: Ongoing de-risking in AI/Big Tech after Nvidia’s post-earnings fade. - Levels to watch (approx): 🔻 Support: 584–586 area from yesterday’s low/close 🔺 Resistance: 600, then 612–615 as prior distribution zone - - A+ focus: Trend / breakdown watch if QQQ stays heavy under 600 and VWAP. If buyers step in hard off support with VIX easing, oversold bounce zone. - ⚡️ HIGH-BETA TECH – BIG RANGE NAMES 3️⃣ TSLA – Tesla ⚡️🚗 - Premarket: ~398 (+0.7% vs 395.23 close). - Context: “Dreadful November,” heavy retail dip-buying pain; institutional flows active around the 400 put line into today’s expiry. - Key levels: 🔻 Support / gap area: 395–400 🔺 Resistance: 428–430 (yesterday’s high zone) - - A+ focus: Breakdown watch: Failure at 400–405 and loss of 395 opens room back into prior lows. Squeeze / breakout watch: Strong reclaim of 410+ with momentum toward 428–430. - 4️⃣ NVDA – Nvidia 🧠📉 - Premarket: About -3.1% after “off-the-charts” AI earnings but sentiment flip. - Context: Record revenue + raised guidance, but market is focused on AI overvaluation fears and China headwinds. - A+ focus: Breakdown continuation: If it can’t reclaim premarket breakdown area and stays below yesterday’s post-earnings support zones, it’s a clean trend short watch name. Use your chart for exact support pivots from yesterday’s low and major daily trendline. - 📊 EARNINGS GAPPERS – BREAKOUT SIDE 5️⃣ INTU – Intuit 💼📈