SPX 0DTE Options Trade Plan 2025-06-16

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SPX 0DTE Analysis Summary (2025-06-16)

Comprehensive Analysis of SPX 0DTE Options Trading

1. Key Insights from Model Reports:

Technical Analysis Synthesis:

1-Minute Chart: The price, at $6037.05, is currently below both the 10-period EMA ($6039.68) and 50-period EMA ($6040.15), indicating bearish momentum. RSI readings indicate an oversold situation (32.80), suggesting potential for a bounce; however, MACD supports the downside momentum. 5-Minute Chart: Price also trades below both key EMAs, reinforcing a weakening bullish trend with mixed short-term indicators. Daily Chart: Shows a longer-term uptrend but is in a correction.

Market Sentiment: