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ODTE data ... we are looking weak here for more selloff .. but 551 if it breaks.. 550 is due .. but 552-553 seems appropriate for reversal .. Must keep tabs on 551 $spy https://t.co/eMDcwjkLaT https://t.co/WJ7YWMzOD7
$SPX 5550 is the largest level of gamma exposure on the options chain right now and may provide some support as well as be a sticky area like 5600 was previously. https://t.co/YfL7qKVAMB
Fun $SPX numbers: 21ema @ 5536.52~ -1% from Wed close @ 5532.39 5 July Friday low @ 5531.63 https://t.co/okpP5aknkZ
$SPX hit a record all-time high close. Traders are eyeing key levels such as 5600 for support and 5575-5560 for potential rebounds. Options data indicates significant interest at the 5600 level, affecting market movements and potential reversals.