In the pre-market session, SPY is approaching the top of the new bounce target zone posted yesterday offering another objective short entry & up to but not above the 413.30ish resistance level.
SPY 60m May 20th
Likewise, QQQ is trading at the bottom of bounce target zone 2 that was also added yesterday, once again providing another objective short entry here & up to but not above the downtrend line.
QQQ 60m May 20th