SPX sits at 6664 in a tight 6600-6700 range with support at 6600 and resistance at 6700. The trader outlines three scenarios: bullish breakout above 6670 targeting 6715, bearish breakdown below 6625 targeting 6575, or range-bound chop between 6650-6675. Wait 30 minutes Monday to see which way the market moves before trading.
Chapters
SPX 0 DTE Game Plan, October 20th, 2025. Friday's close: 6664. Focus: Can SPX reclaim 6675 or slide back to 6625? Market context: SPX sits between 6600 and 6700, a tug-of-war zone. Key levels: 6600 support, strong put base, buyers defend here. 6650 to 6675 magnet zone, heavy OI cluster, likely chop area. 6700 resistance, major call wall, expect sellers. 6500 pressure zone opens if 6600 breaks. Scenarios: Bullish: Hold above 6670, target 6695, 6700, 6715. Bearish: Lose 6625, target 6610, 6600, 6575. Rangebound: Base case chop between 6650 to 6675. Grandma's bias: Above 6670, upside towards 6700. Below 6625 downside towards 6600. 6650 to 6675 chop zone avoid until breakout. Grandma's reminder: Monday mornings are for patience, not panic. Let the first 30 minutes reveal who's in control.