3min chapter

Stock Market Options Trading cover image

Profits Taken, S&P500 Key Levels, Options Flow Analysis

Stock Market Options Trading

CHAPTER

The S&P 500 Is in an Uptrend. And I'm Taking Profits Today

The $100 levels for SPX or the S&P 500 tend to be the support and resistance level. This week, I think we're going to digest and sort of consolidate the gains we've seen this year. We have a slew of Fed speakers this week, which is what I wanted to kind of warn you about.

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