[5/2] Key levels for SPY

jace0777
2024-05-02

Tdlr; I'm leaning towards Bullish > Bearish

Bullish: Likely to range bound between 500 - 504, with intermediate pivot zone at 502. 

-> 500 -> 502 -> 504

Bearish: Will target 497, if price breaks below 500. 

-> 497

GEX levels for SPY - 5/2 expiration

VEX levels for SPY - 5/2

These levels tend to change as the day progresses, so the best approach is to track the 0DTE GEX changes throughout the day to scalp. Will talk about this in a later article. 

Trade safe, friends![Cool]  

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