Spx closing is a sign of weakness, suggesting more potential downside as fund may continue to take profit. The observation is true only if the Support at 6099 is broken.

First bps trade on SPX

Witnessing a new era. Peace and world peace!

Iron condor on SPX 0dte

2nd day

The spx closed 6012 , 8 points lesser than anticipated but it is good enough. The "recovery" may be a result of shortlist covering but still it is a positive sign for the index. Anyway the market may continue to be nervy as fomc starts tonight.

Spx 0dte..iron condor

$SPXW 20251001 6500.0 PUT$  

$SPXW 20250926 6490.0 PUT$  

$SPXW 20250919 6480.0 PUT$  

$SPXW 20250829 6340.0 PUT$  

[Grin]  

A little a little build a mountain 

Chilling on a Sunday 

Preparing for the next big win

Did iron condor on spx ...achieving at least 0.5% gain is the target

The spx rallied as anticipated in the reply of my earlier post. Currently the market is nervy ahead of the fomc meeting announcement. Technically waiting for the announcement then taking a new trade is a better move.