SPX 0 DTE options analysis for Thanksgiving week. The index is in a quiet uptrend with bullish bias above 6755. Key zones: 6775-6800 support upside, 6720-6735 and 6655-6685 are weak pockets, and 6768-6775 and 6785-6790 are chop to avoid.
SPY SPX 0 DTE Thanksgiving Outlook. Thanksgiving week equals quieter flow but this year favors upward drift. Structure: SPX near 6775 sitting on major participation strength. Strong levels: 6775, 6780, 6795-6800. Weak or air pockets: 6720-6735, 6700-6735. 6710, 6655 to 6685. Market state: reunion to decision. Why? Strong upside alignment, clean lanes, very weak downside, and holiday compression. Above 6755 equals bullish continuation. Call lanes: 6755 to 6770, 6770 to 6780. 6780. 6780 to 6795. 6795 to 6805. Above 6805 equals thin air. Put lanes: 6775 to 6755. 6755 to 6735. 6735 to 6720. 6720 to 6705. Below 6700 Wider downside. Chop zones: avoid 6768 to 6775, 6785 to 6790, 6730 to 6738. Ultra: above 6755 equals upside lanes open to 6800, below 6755 equals slips toward 6735 to 6720.
