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Master the Move Before the Bell – Exact SPY and QQQ Entries Inside!

Sambit Tripathy
Sambit Tripathy

Table of Contents

QQQ:

Support and Resistance Zones (Premarket) for QQQ:


QQQ Trading Plan (May 2, 2025)


Additional Notes for QQQ:

  • RSI is currently 80.54 (overbought) – watch for mean reversion if rejection occurs near 485.40.
  • Volume spike confirms potential breakout – ideal for momentum scalping.
  • If price holds above VWAP + EMA after pullback, bullish continuation is likely during regular session.

SPY:

Key Support & Resistance Levels for SPY:

SPY Trading Plan (May 2, 2025):

RSI and Volume Analysis for SPY:

  • RSI surged to 74.12, indicating strong bullish momentum.
  • Volume spike at breakout confirms a valid momentum breakout.
  • Watch for RSI reversal below 70 + red candle for a potential fade.

Trading Notes

  • The best long trade is on a dip to VWAP zone (~561.90–562.20) with strong bounce confirmation.
  • Bearish reversal only makes sense if price fails near the high and RSI diverges or collapses.
  • Keep an eye on opening market volume — if it fades, breakout may fail.

Disclaimer: This content is for educational purposes only and does not constitute financial or investment advice. Always do your own research and consult with a licensed financial advisor before making trading decisions.

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