SPX Weekly Outlook: Week ending Jun 16
We have monthly OpEx this week and futures contract rollover. Options are pointing to a move down to 4250 on SPX first and then based on CPI and PPI, a potential dump to 4150 or a ramp to 4400.
Expect a 125pt move from 4300 above/below. Flip point would be 4290-4310 , can treat that as no mans land.
Expect a 125pt move from 4300 above/below. Flip point would be 4290-4310 , can treat that as no mans land.
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