SPX closed at 6,738.41 on October 24 with max pain around 6,680. The market is trapped between support at 6,700 and resistance at 6,750, with dealers expected to pin price in that zone. Bullish traders defend 6,700 while call sellers cap upside at 6,750-6,800.
SPX 0 DTE, October 24th, 2025. Close: 6738.41. Max pain: 6680. Range: 6700 to 6750. Context: SPX stuck between 6700 support and 6750 resistance. Dealers likely aim to pin near 6680. Bulls defend 6700, calls cap upside at 6750-6800. Key levels: 6800, call wall exhaustion. 6750, resistance fade zone. 6725, pivot control. 6700, Key support: 6,680. A max pain magnet: 6,650. Bounce zone scenarios: bullish, above 6,725, 6,760 to 6,780. Bearish, below 6,700, 6,660 to 6,640. Range: 6,700 to 6,730. Revert to 6,680. Grandma's bias: trade the edges, not the middle. Fade near 6750, defend 6700, and expect chop around 6680 if no breakout.
