SPDR S&P500 ETF SPY DAILY OPTIONS EXPIRATION SUPP/RES CHART

SPDR S&P 500 ETF TRUSTArca

Description

⋅ May 16, 2014 10:02 PM

Refer to all of the previous versions of this chart.

It is amazing how the market "remembers" previous options expirations.

NOTE HOW EVERY OPTIONS EXPIRATION CLOSES HIGHER THAN THE LAST.
Either way, note how key the support and resistance levels are from this methodology.

HIDDEN support and resistance.

Tim 6:01PM EST Friday, May 16, 2014

Comments

timwest

⋅ May 20, 2014 6:17 PM

Both yesterday and today overlap the 188 level. We need to see the entire day "under" or "over" the 188 level to signal a move.

timwest

⋅ May 20, 2014 6:17 PM

First we tried to lift above the 188 level, now back down through 188...