SPY bouncing between the previously highlighted 250.51 resistance & 244.93 support levels with the next sell signal to come on a break below that trading range. Also, note the PPO rolling over on the backtest of the zero line from below, keeping that trend indicator on a sell signal for now. 30-minute chart below.
Likewise, QQQ has been bouncing between T1 (now resistance) & T2 (still support) during last night’s AH session & today’s pre-market session after hitting T2 shortly before the close yesterday with the next sell signal to come on break below this range. 30-minute chart below.