Market Rebounds After Sharp Sell-Off – SPY, QQQ & IWM Breakdown
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The market opened weak today with heavy selling pressure across the board, but by mid-session we saw an intraday reversal — especially in SPY, QQQ, and IWM. In this video, I break down the technical implications of today’s move, go over the key levels each ETF is bouncing from, and what it means for traders heading into the next few sessions.
Today’s Key Questions:
- Was this just a dead cat bounce or a real shift in trend?
- Are bulls stepping in, or is this just short-covering?
- Where are the next resistance zones for SPY, QQQ, and IWM?
- Are the dip buyers still buying the dip?
Whether you’re trading intraday setups or watching for swing entries, this breakdown gives a clear view of where the major ETFs stand right now.
Video Length: 00:10:30
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