Author asks whether SPY will reject from resistance down to $675 support or break out to new highs, leaning toward a 7-14 DTE put.
Score7
Comments7
▶ Full Post Text
SPY has been bouncing between a support zone and resistance zone consistently since Oct. Based on the levels, do yall think this week that it is going to reject down to the $675 support zone or break the resistance and push a new high? Im leaning towards a 7-14DTE put.
https://preview.redd.it/hm50syu4vkfg1.png?width=1685&format=png&auto=webp&s=f35903a82591c3456b5ecd483133cc127ecc8bbe