$SPY Key Level 443.5 Monthly VPOC

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SPY has been dumping every opex and finding previous month's VPOC as support (black line) / pivot point

With the dip this week, I will be watching 443.5 as a key level for support . Bounce here I'll be going long. Break below and target would be in zone of 434/433 (EMA cloud). Wait for confirmation!

Given the scattered call flow and organized, calm selling seen Friday, my bias is for a bounce. Lot of million dollar premium blocks and sweeper on the tape for select tickers. Doesn't seem like a doomsday sell the farm 10% correction... just yet...

TLDR : Buy the dip

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.