SPY, how can yall be so sure ? we are in the middle of supply at 607 to 602 area, and demand at 591 to 587 area. can't really go long or short if the spy is in the middle of both areas. Wall Street might pin this market flat to get the most money out of retail, lol
SPY I sold half my calls at 597 and the rest at 595, after entering at 591. I’m not seeing the price action and volume align with a stronger upward move but the bulls definitely tried toward the end of day yesterday. Next week, I expect we’ll see the 580s. First target is 589