
The S&P 500 index closed in the green at the end of Monday, signaling a positive start to the week for investors. The SPY, an ETF tracking the S&P 500, also reflected this upward trend. Market analysts observed that the S&P 500 rebounded from the 5600 level, with early signs of bullish sentiment returning. However, the Option Score remains below 3, indicating that the rally lacks full conviction. Investors should monitor for follow-through or a potential sentiment fade. The MACD indicator also turned positive, adding to the bullish signals. The S&P 500 has climbed 5% from its recent lows, yet it remains in a no man's land. Key levels to watch include 5760-5761, which should hold to sustain the upward trend, and 5830-5855, where sellers might appear. Market volatility has been evident, with the VIX catching a bid and climbing. The VIX futures rose by 2%, suggesting a sticky volatility environment. The lowest TICK reading was -630, indicating a normal pullback day. The VIX reached 17.54, with support levels at 17.13 and 17.20, and resistance at 18. Despite recent progress, the S&P 500 has not yet surpassed the 5800 level, with the 50% retracement level at 5825 being a significant threshold. Analysts anticipate high volatility ranges until at least the April 2 tariff deadlines. The market's stability is indicated by the Yellow JATS RVOL Oscillator, which remains below the Daily 1 Point Ranges. The 10-Year Treasury yield stood at 4.30%, and market participants are watching for potential movements in GDP and VVIX, which is currently under 90.






















$VIX 18 Resistance coming in to save the day https://t.co/A4KbWwsRHj
$ES $VIX $SPX -- Notice Yellow JATS RVOL Oscillator below respective Daily 1 Point Ranges indicating the stability in the market. Fireworks don't start until those Daily 1's are taken out on a 60 Min Range. https://t.co/WLz3dzVgNf https://t.co/RjUJUrBMRh
$SPX not able to clear 5800 yet (5825 is the 50% retracement level) Some recent progress, but my view remains that we should expect high volatility ranges at least into the April 2 tariff deadlines. I did some tech buying last week, but smaller sizing for now. Over 5504 keeps the https://t.co/FceGTnJtae