$SPY Analysis, Key Levels & Targets for Day Traders for Sept 25

25 set

Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow

Easy Trading Range here today, much easier than QQQ, lol, that one is a mess… but here we have an easy one… the implied move for tomorrow is between 568 to 574 and the only two levels in tomorrow’s implied move are ATH’s at 572.88 and the 35EMA, which is a clear support since after FOMC…

Personally looking at 575/576 bear call spreads OR 568/567 bull put spreads depending on how we move tomorrow


GL, y’all… I’ll keep you up to date on the wifi situation

26 set

Nota

And look at that!! Caught right at the 35EMA on the day. It was the only level in the implied move and so we went to it.