Important Areas

Just taking a quick look at where I want to set alerts for the SPY, QQQ, IWM and DIA.

More immediately, for the NYSE intraday TICK (on Worden software the ticker is $TICK) I want an alert at 1000.

Of course yesterday's close is the first level in any of these.


For the SPY the first meaningful level is $162-ish, people gravitate toward whole numbers so I'm setting it for $162. After that, the $162.70 area which will likely be more like $162.75, then the biggie is $165.25-$165.50 depending on how much time passes.

For the Q's, first around $72, then $72.50, ultimately $73 is going to be the most important

IWM, First $92.75, then $97.50 and the important one at $98.75.

For the DIA, $150 is going to be a biggie, then $150.75 and ultimately $151.

These are not at EXACT support, resistance or other important levels, but they are near the areas the human mind gravitates toward.

These are the main alerts I'm setting, volume at each one is important.