“The syrup’s heating up, sugar. If them bulls hold the skillet above 6615, we’re flipping pancakes at 6650. But if they drop it, watch out — the batter spills fast!
| Direction | Trigger | Magnet Zone | Stretch Target |
|---|---|---|---|
| ⬆️ Long | Hold above 6615 | 6630 → 6650 | 6700+ (wildcard) |
| ⬇️ Short | Lose 6600 | 6575 → 6550 | 6525 (only on trend break) |
🔍 Market Context
- FOMC dust settled, market showed strength holding above 6600 with solid OI building at 6630 and 6650.
- Top GEX: 6650 → major magnet if bulls remain in control.
- OI & Volume also strong at 6630–6650 with clean upside flow.
- Downside risk under 6600 → triggers trap door toward 6575 and 6550.
- Max Pain: 6525 – unlikely unless full rug pull.
- IMPORTANT DISCLAIMER
- This content is for educational purposes only and should not be considered financial advice. Trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making any trading decisions. The author assumes no responsibility for any losses that may occur from following this information.