SPY is still trading on the 279ish support since falling to that level earlier today with the reaction so far in the form of a consolidation vs. any meaningful bounce. To be continued tomorrow with the next sell signal to come on a solid break below that level whether we bounce first (tomorrow) or not.
SPY 60m 4 May 13th
Far from coincidence, QQQ is still trading on the 218ish dual gap support since falling to that level earlier today with the reaction so far in the form of a consolidation as well with the next sell signal also to come on a solid break below that level, whether we bounce first (which I am still leaning towards) or not.
QQQ 60m 4 May 13th