Did Grandma Beat Granddaddy Today?
You be the judge?
👵 Grandma’s SPX Report Card
📅 Tuesday, September 9, 2025
📈 Final Close: 6512.61
📊 Change: +17.46 (+0.27%)
📍 Max Pain: 6470
📐 Range: ~6 points
🎯 Bias: Controlled upward drift — pinned with a bullish lean
🥞 Grandma’s Quote of the Day:
“Looks like they finally drizzled the syrup, sugar — not a ripper, but the bulls did enough to earn dessert.”
📊 What Actually Happened:
- ✅ Held above 6500 all day
- ✅ Gently drifted toward 6510, then closed above it
- ❌ Never tested lower supports — D1–D3 untouched
- ✅ Clean call premium burn for non-movers, decay below
📈 Forecast Review
🔼 Upside Targets
| Magnet | Level | Hit? | Notes |
|---|---|---|---|
| M1 | 6500 | ✅ | Full session base level — bulls defended it perfectly |
| M2 | 6510 | ✅ | Closed just above — slow build into EOD |
| M3 | 6520 | ❌ | Remained just out of reach |
🔽 Downside Targets
| Magnet | Level | Hit? | Notes |
|---|---|---|---|
| D1 | 6485 | ❌ | Never tested |
| D2 | 6470 | ❌ | Max Pain remained far below |
| D3 | 6450 | ❌ | Not relevant today |
💡 Highlights:
- 6500 confirmed as magnet and pivot
- Market slowly built into 6510+
- Very controlled, low-drama move
- Grandma called the levels right, but no tail chase beyond 6520
🎓 Final Grade: A
✅ Nailed M1 & M2 behavior
✅ Called for slow bullish drift if above 6500
❌ Didn’t reach M3, but she didn’t expect a rip either
✅ Premiums worked exactly as expected — decay below, payout above
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.