151: This Week In The S&P500: Your Charts Might Be Lying...
📈 Volatility, Indicators, and the SPX Weekly Forecast | Episode 151
In this episode of the Stock Market Options Trading Podcast, I cover how volatile price action can distort technical indicators—and what that means for traders. Using Alpha Crunching’s SPX Weekly Forecast as an example, we look at how past outlier moves (like the recent tariff news spike) are dropping out of the data and shifting indicator readings.
I also walk through:
- Why this week’s forecast still looks bullish despite a lower net gain
- The impact of recent news and options positioning on key SPX levels
- Potential trade ideas using put credit spreads and how I’m managing them
- Updated weekly Triumph Rates (WTR) and what they say about market conditions
🎥 Watch this episode on YouTube to follow along with charts and levels
https://youtu.be/rd5RFVy7WKs
Mentioned Tools:
Alpha Crunching – Weekly forecast & trade ideas
https://www.alphacrunching.com (Use code SPX50 for 50% Discount)
SpotGamma – Daily options positioning updates
https://spotgamma.com
Want to connect? Find me on X:
Eric O'Rourke: https://twitter.com/OptionAssassin
After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.
Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.