Watch for Break, SPY Sell off into EoW options Expiry

19 באפר׳ 2023

So Max pain for 4/21 is 403 currently on SPY which tells me the street would be happy to see some downside in the coming days. Also looks like we rejected the upper trendline and are now testing the bottom of the channel. If we break it the measured move takes us to horizontal support. I am thinking we may have that sell off to close out the week.

Good Luck :)

Just my opinions