HomeInvestingOptionsSPX Options Flow: Traders Prepping for a Wild Week of Economic Data
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SPX Options Flow: Traders Prepping for a Wild Week of Economic Data

SPX Options Flow: Traders Prepping for a Wild Week of Economic Data

After last week's pullback, institutional traders are preparing for additional volatility throughout this week as central bank activity and labor data dominate the headlines. The 5400 level is crucial to monitor this week; a break below this level on significant volume may trigger a domino effect to the downside. Currently, the upside resistance level is at 5500, with the potential to reach 5600 if economic data and earnings provide a solid boost.

Market On Close

29 Jul 2024

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