Little Bird Trading

SPY ES QQQ NQ: all 4 lost support, closed red, August 17–21 week review

By Little Bird Trading · · 1 min read

A red week: all 4 finished lower (SPY -1.35%, ES -1.51%, QQQ -2.66%, NQ -2.59%), with the week's low on Thursday, August 20.

How each one played out

SPY -1.35%

The 774.17 support gave way for SPY, which closed below it at 765.72, around the middle of its weekly range.

SPY weekly chart, 30-minute bars with support and resistance

ES -1.51%

ES broke the 7,805.92 support and couldn't get back above it, closing at 7,691.25, mid-range for the week.

ES weekly chart, 30-minute bars with support and resistance

QQQ -2.66%

QQQ lost 731.95 and stayed under it, ending the week at 713.44, down at the lows.

QQQ weekly chart, 30-minute bars with support and resistance

NQ -2.59%

The 30,140.67 support gave way for NQ, which closed below it at 29,387.75, at the bottom of its weekly range.

NQ weekly chart, 30-minute bars with support and resistance


See the latest daily SPY, ES, QQQ & NQ levels, posted the evening before the next day's session.

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Not financial advice. Objective market structure and levels only. You make and own your trades.

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