SPX 0DTE Options Trade Plan 2025-06-18
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SPX 0DTE Analysis Summary (2025-06-18)
Based on the analysis of the provided data and model reports for SPX 0DTE options trading, here is the structured summary, insights, and specific trade recommendation.
1. Comprehensive Summary of Key Points
Technical Analysis:
1-Minute Chart: Price is below critical EMAs, indicating a bearish short-term trend. MACD is negative, with a neutral RSI suggesting no strong momentum. 5-Minute Chart: Similar bearish trends as in 1-minute analysis. Strong resistance at approximately $6003.30. Daily Chart: Mixed signals; while some upward momentum exists, it appears to be losing strength. Market Sentiment:
VIX: Elevated at 20.31, indicating increased volatility and uncertainty in the market. News: Economic indicators are mixed, with bearish trends from prominent figures impacting outlook; nonetheless, there are positive signals around dividends. Options Flow:
Strong demand for put options near the $6000 level with the potential for downward movement due to significant open interest. Max pain theory suggests price gravitating towards $6000.