Hey traders,
The floor just gave way on SPY and the charts are bleeding red.
We are currently trading at 667.44, down significantly from the recent consolidation zone.
If you look at the chart below, you can see the exact moment the algorithmic pressure took over.
Notice the White Dotted Gravity Line sitting at 682.92. This is the equilibrium the market is currently rejecting.
The Drift % is sitting at -2.27%, showing just how stretched this move away from center has become.
When the price broke through the red Sell Level at 674.70, the system triggered a "LOCKED BEAR" status for the $670 Puts.
This aligns with current market sentiment as the volume put-call ratio recently spiked to 1.38, signaling massive institutional hedging.
You can access the same algorithmic logic here to prepare for the next leg down.
The green arrow on the chart highlights the volume gap where support vanished.
With the Grey Dotted Lines now serving as overhead resistance, the path toward the 650.00 Floor is becoming much clearer.
While the retail crowd is likely trying to catch a falling knife, Gravity Zone users are simply following the Drift.
The algorithms don't care about feelings or bias. They only care about volume and the pull of the Gravity Line.
If you want to trade with this kind of clarity, you need to see how we track these institutional shifts in real-time.
Click here to start trading on the same side as the algorithms with Gravity Zone
Best,
Ben
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