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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