
$SPX, the S&P 500 index, has seen significant trading activity as the month comes to a close. Traders report locking in profits exceeding 200% on certain positions. The index opened at 5790, with support levels noted between 5760 and 5770. Resistance is anticipated at 5835. As of the end of the trading day on October 31, 2024, there was a notable increase of approximately 35 points year-to-date in the last ten minutes of trading. Additionally, there are ongoing strategies involving end-of-month straddle trades and updates on zero days to expiration (0DTE) options, indicating a dynamic trading environment for the index.



