Apr 17, 04:27 PM

S&P 500 Bears Grow with Increased Put Volume, Targeting $5057 and $5000, Potential Drop to $4800-4818 Looms

The S&P 500 ($SPX) is experiencing bearish sentiment with increased put volume and a growing number of bearish targets, including $5057 and $5000. Traders are watching for potential moves below 5000, which could trigger further declines. The index is nearing the February gap at $4983.21, with expectations of a drop to $4800-4818 in the coming weeks.

Written with ChatGPT (GPT-3).

Sources

Wuhan Judicial Coup Swan@TheWuhanClan
2 years ago
Not much support for $SPX until 4800 below 5000. Hold on to you seats. $es $spy https://t.co/NcsrHSDgMc
Ross Gerber@GerberKawasaki
2 years ago
To be clear. I voted for Elons pay package. The issue is the BOD and their inability to provide independence in these decisions which will cause more lawsuits and time wasted… moving to Texas won’t solve this… $tsla
Whole Mars Catalog@WholeMarsBlog
2 years ago
Watch what happens once this is approved... https://t.co/KelSXrzy4w

S&P 500 Bears Grow with Increased Put Volume, Targeting $5057 and $5000, Potential Drop to $4800-4818 Looms

Sources

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