MMM Swing Options Trade Plan 2025-06-16
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MMM Swing Analysis Summary (2025-06-16)
Summary of Model Key Points
Technical Analysis Trends:
Mixed Timeframes: The 15-minute chart indicates short-term bullishness with price above key EMAs, but the daily chart shows bearish characteristics (price below MAs). The weekly chart remains bullish overall. RSI Readings: The short-term RSI is approaching overbought levels, while daily and weekly RSIs are neutral. Volume and Momentum: Volume spikes indicate indecision with weak bullish momentum observed through MACD across different timeframes. Market Sentiment:
VIX Levels: The VIX is elevated at 19.27, indicating increased market uncertainty which is likely to impact price volatility. Options Flow: Data shows mixed sentiment; a slightly higher openness for puts suggests bearish hedging, while strong call volumes addition; proximity to the Max Pain level at $146 indicates potential pinning action. Directional Consensus: