December Market Outlook: SPY, QQQ, and VIX Technical Analysis

02/12/2024 18 min
December Market Outlook: SPY, QQQ, and VIX Technical Analysis

Listen "December Market Outlook: SPY, QQQ, and VIX Technical Analysis"

Episode Synopsis

This technical analysis examines the SPY, QQQ, and VIX indices, revealing a generally bullish market outlook for the remainder of December. While SPY and QQQ show strong upward trends, volume divergence and extremely low VIX levels suggest potential caution. Key support and resistance levels are identified for each index, alongside actionable suggestions for both bullish and bearish trading strategies. A potential near-term pullback is anticipated before any further market advance.📊 For detailed charts and full technical analysis, visit:👉 TradingView Profile - BullBearInsightsStay ahead of the market and access expert insights to guide your trading decisions! Hosted on Acast. See acast.com/privacy for more information.