SPY 0DTE Options Premarket 2025-04-25 (DS)

Join our Discord channel for live trading signals and discussions:

SPY 0DTE Trade Plan for 2025-04-25

1. Technical Analysis Synthesis

Key Observations:

1-Minute Chart:

Price ($546.69) hovering near 10-period EMA (546.81) with bearish MACD crossover (histogram turned negative) RSI (52.03) cooling from overbought territory (62.77 → 52.03 in last 5 periods) Testing lower Bollinger Band (546.05) with narrowing bandwidth 5-Minute Chart:

Bearish divergence: Price rejected at 547.23 resistance while 10-period EMA flattens (546.23) MACD histogram momentum weakening (+0.089 → +0.089) Daily Chart:

Bullish MACD crossover (histogram +1.70) but price remains below critical resistance (544.28 → 548.62)

Critical Levels:

Immediate Resistance: 547.16-547.23 (confluence of M1/M5 Bollinger Bands) Key Support: 546.12 (M1) → 544.28 (M5/Daily)

2. Market Sentiment Integration