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SPX Bearish Flows Emerge, But Key Levels Remain Intact
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Despite choppy market action ahead of tomorrow’s employment data and Fed Chair Powell’s statement, bearish put flow with extended durations is starting to pick up. However, as long as the S&P 500 holds above the critical 5,650 level, the broader market continues to signal a bullish trend. Bulls remain in control unless this key support level breaks.
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======== Schwab Network ========
Empowering every investor and trader, every market day.
#markets #investing #stockmarket #economy #marketnews #optionsflow #options #trading #charts #technicalanalysis #chartstudy #spx #sp500 #support #resistance #jeromepowell #federalreserve #rates
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