Option Investor
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SPX is poking above the 850 level (for two equal legs up from this morning's low) and now pushing up towards the 62% retracement just above 853. It's also pushing slightly higher than its broken uptrend line from March 6th through the April 1st low. It's a good setup for an immediate reversal back down tomorrow but it's a tough call during opex week so be careful trading either side right now. It's potentially bullish above 858 for a run up to 880.

SPX 60-min chart:
[Image 1]

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