📈 Final Close: 6502.08
📊 Change: +53.82 (+0.83%)
🎯 Max Pain: 6425
Final Grade: A
Grand Father was happy!
🥞 Grandma’s Quote of the Day:
“That flapjack didn’t just flip — it floated right past the skillet! 6450 got toasted, and 6500 got syruped.”
📊 Where Did SPX Go?
- ✅ Opened near 6448 and cleared 6450 early
- ✅ Blew through M1 and M2
- ✅ Closed above 6500 — right into M3 / stretch zone
- ❌ Never retested downside magnets (D1–D3 untouched)
📈 Forecast Review: How Grandma Did
🔼 Upside Path
| Magnet | Level | Hit? | Notes |
|---|---|---|---|
| M1 | 6450 | ✅ | Reclaimed quickly and never looked back |
| M2 | 6460 | ✅ | Momentum built cleanly through here |
| M3 | 6475 | ✅ | Brief hesitation, then bulls pushed through |
| Bonus | 6500 | ✅ | Grandma didn’t forecast this one — but bulls brought extra batter! |
🔽 Downside Path
| Magnet | Level | Hit? | Notes |
|---|---|---|---|
| D1 | 6440 | ❌ | Not even touched |
| D2 | 6425 | ❌ | Max Pain ignored entirely |
| D3 | 6400 | ❌ | No shot today |
💡 Highlights:
- Call walls melted one by one — bulls owned the tape
- Put decay everywhere — Max Pain didn’t pull
- Closing above 6500 was outside most expected ranges
🎓 Final Grade: A
✅ Nailed M1, M2, M3 progression
✅ Right call to favor upside early if 6450 broke
❌ Didn’t project the 6500 stretch — but Grandma left room for dessert 😋
Grand Father was happy!
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.