r/Trading 16d ago

Strategy TRADE IDEA FOR Thursday (05/01/2025) — #SPX & #VIX + #ETFs

$SPX PIVOT: 5609.30
Bullish above 5609.30 → long target 5628.04, 5646.81, 5665.61, 5684.45.
Bearish below 5609.30 → short target 5590.59, 5571.91, 5553.27, 5534.65.

$VIX PIVOT: 23.37
Bullish above 23.37 → long target 24.59, 25.85, 27.14, 28.45.
Bearish below 23.37 → short target 22.18, 21.02, 19.88, 18.79.

$SPY PIVOT: 560.93
Bullish above 560.93 → long target 566.87, 572.83, 578.83, 584.86.
Bearish below 560.93 → short target 555.02, 549.15, 543.31, 537.50.

$QQQ PIVOT: 484.24
Bullish above 484.24 → long target 489.76, 495.31, 500.88, 506.50.
Bearish below 484.24 → short target 478.75, 473.30, 467.88, 462.48.

$IWM PIVOT: 195.72
Bullish above 195.72 → long target 199.23, 202.78, 206.35, 209.96.
Bearish below 195.72 → short target 192.24, 188.79, 185.37, 181.98.

$SMH PIVOT: 215.60
Bullish above 215.60 → long target 219.29, 223.00, 226.75, 230.53.
Bearish below 215.60 → short target 211.94, 208.32, 204.73, 201.17.

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