SPY and QQQ Rebound Toward Averages Ahead of Dual Direct Stations

A sharp relief rally at Monday's close lifted both major index funds off their recent lows, setting up a clear test of overhead moving averages just as a cluster of planetary stations approaches. Traders will want to watch whether this rebound can establish higher lows or if intermediate resistance caps the advance.

Indices Bounce Off 20-Session Lows

At Monday's close on November 9, SPY advanced 2.37% to $752.69 on volume of 48.89 million shares, while QQQ surged 3.54% to finish at $679.35 with 54.18 million shares traded. Both exchange-traded funds pushed away from their 20-session troughs—$732.71 for SPY and $647.05 for QQQ—cooling off immediate downside pressure.

Relative strength index readings, which measure momentum on a 0 to 100 scale, recovered from lower ground to 46 on SPY and 41 on QQQ. While the snapback was decisive, both benchmarks remain trapped in the lower half of their 20-session ranges.

Testing Key Moving Average Hurdles

Despite the strong session, overhead trend indicators remain downward-sloping hurdles. SPY sits 1.23% below its 20-session simple moving average of $762.09 and 1.65% below its 50-session average of $765.35, though it maintains a 3.01% buffer above its 200-session baseline at $730.70.

QQQ faces an even stiffer test, finishing just 0.27% below its 200-session average of $681.17. It also remains 3.54% below its 20-session average of $704.30 and 5.68% under its 50-session line of $720.23, marking the long-term baseline as immediate line-in-the-sand resistance.

Stations as Cycle Timing Windows

In cycle analysis, astronomical alignments serve as timing hypotheses to test against price action rather than direct causes of market fluctuations. The calendar shows Venus forming a sextile to Mars on November 10, followed by both Mercury and Venus stationing direct on November 14 to end their retrograde phases.

When dual stations cluster within the same session, cycle analysts look for inflection points or trend exhaustion rather than directional bias. An analyst tests these windows by checking whether momentum stalls against key moving averages into the station date, or whether volume expands to confirm a structural low.

Levels to Watch

For QQQ, a clean close above its 200-session average of $681.17 would indicate that Monday's thrust has room to challenge the 20-session average at $704.30. Conversely, if SPY fails beneath its 20-session hurdle at $762.09 into the November 14 station window and turns back toward its 200-session line at $730.70, the broader intermediate downtrend remains intact.

For educational purposes only; not financial advice.

Market data: SPY and QQQ as of November 9, 2026, 4:00 p.m. ET. Moving averages and RSI are astrostock calculations from daily closes. Prices may be delayed.