Structure + Gamma Levels:
Key Options Levels:
SPX TrendPhase:
Midterm Cumulative:
//Actionable Levels//
Resistance: 6169-75
Pivot: 6102.5
Support: 6114(minor), 6022-19
Key takeways:
Watch out today. Although price action seems bullish, we have some bearish flows coming from options - at least in EU morning. Not saying market will drop hard for sure but if you count on strong move up it won’t happen today most likely.
Large option cluster in 6170 area.
As usual, intraday, trading around “Actionable Levels”.
When you are posting these 3 charts at the top of this post, how should one play these auctionable levels? Which chart has the highest priority / importance?