Spy $615 What? is it happening

this is a short thesis road bk to $615 last time we were so close we hit $613 now my assessment is seeing Road back to $615 I do anticipate it open Monday around $598-$601 Max target we do have very strong support around 588ish which I don't think we see unless markets grab liquidity to wipe out calls and trap shorts Which is very common these Days.. I will Keep updating this is my personal thesis i think the correction is over and we are heading back to $615 Come Monday Morning Ill post and see what my bot foresees as well as my Price forecast to give an extra confidence boost on the thesis... as Always traders good luck and safe trades

Trade active

SPY TOOK OUT LIQUIDITY AT 588 as forseen now let's make our way to 600 but now what does the bot see here it is

📈 SPY Monthly Close Prediction
--------------------------------
🔹 Last Real Close: $587.82
🔹 Next Close: $597.43
🔹 Final Weighted: $637.46
🔹 Max Pain: $550.00
🔹 EndOfMonth Exp: 2025-03-31
🔸 Top OI Option: put Strike 585.0 | OI 44613
--------------------------------
Test Loss: 0.2370
Current Price: $587.87
🔹 DayTrader T/P: $594.91
🔹 ShortTerm Predict: $593.60

----- SPY Best Option Trade Setup -----
Type: Call
Strike: 620.0
Expiration: 2025-03-21
Open Interest: 113237
Volume: 2586
Composite Score: 80041.7

⚠️ Could not compute 15-min range.

⚠️ Could not compute 30-min range.

🚀 SPY Trading Gap: Upward Gap
Prev Close: 587.85 -> Current Open: 594.15
Gap%: 1.07%
🔹 Computed R/R Ratio: 1.36

JoeWtrades

*Institutional Grade Bots
*Premium Indicators
*Breakout Alerts *Option Plays Swing & *Day Trading Signals
*Personal Stock Plays
patreon.com/JoeWtrades/redeem/79C75
New Content Weekly
youtube.com/@JoeWtrades?sub_confirmation=1

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

JoeWtrades

Also on: