Thursday, August 28, 2025
🎯 SPX Spot Price: 6481.40
Ready to flip some pancakes? Yellow or white — no one knows, sugar.
🧭 Grandma’s Analysis:
- Above 6485? → Watch for bulls to chase 6490 and maybe fry up 6500
- Below 6470? → 6450 could pull us in
- Between 6470–6485? → Expect chop, noise, and some burnt edges
📈 If We Go Up from Here
| Magnet | Level | What’s There |
| M1 | 6485 | A+ call OI (2,909), strong volume, high likelihood to hit |
| M2 | 6490 | Next layer — moderate OI, chase zone if 6485 breaks |
| M3 | 6500 | Stretch target — needs real push to get there |
🧠 What it Means:
If bulls grab the skillet, 6485 is the first stack they’re aiming to flip.
Push above that? 6490–6500 is the zone where call buyers may scramble and volume could spike.
📉 If We Go Down from Here
| Magnet | Level | What’s There |
| D1 | 6470 | High interest area — light cushion below |
| D2 | 6450 | Strong put/call open interest, bears might aim here if things fade |
| D3 | 6440 | Lower support shelf — lighter interest but still relevant |
🧠 What it Means:
If we slip, 6470 is the first test. Break that, and 6450 becomes the magnet.
Below that, 6440 is where things could get extra buttery and messy.
⚠️ 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.
Fortune cookies are metaphorical and not actually provided.