HomeMarketsTechnical AnalysisUnusual Institutional Call Selling Amid Record Highs

Unusual Institutional Call Selling Amid Record Highs

The S&P 500 hit another all-time high today, briefly breaking above the 5,750 gamma wall before pulling back to close just below it. Tomorrow’s PCE report could be the catalyst needed to solidify a breakthrough. Kevin Green discusses an unexpected rise in institutional call selling around the current SPX level, signaling a potentially cautious market stance despite the bullish momentum.

Market On Close

26 Sep 2024

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