Grandma’s SPX Market Newsletter – Sept 29, 2025
In this brief market newsletter, the host presents a concise trading plan for the S&P 500 (SPX) on Monday, September 29, 2025. The current SPX spot is 6,643.7, with a key trading range of 6,620‑6,660 and a market bias described as sideways to slightly bearish. The plan outlines three primary scenarios: (1) selling a pop to 6,655‑6,660 with a target of 6,630‑6,615, (2) buying dips at 6,620 and 6,600 with a target of 6,640‑6,645, and (3) navigating a sideways chop between 6,630‑6,650, either scalping edges or staying out. Specific technical levels are highlighted—resistance at 6,660, ceiling at 6,675, support at 6,620, defense at 6,600, and floor at 6,580—plus a “magnet zone” at 6,650. The closing “Grandma’s Wisdom” advises fading strength near 6,660, buying weakness at 6,620, and adopting a slow‑and‑steady, turtle‑like approach in choppy conditions.
