In a week marked by cautious trading
The major indices exhibited neutral sentiment. SPY, BTC.USD, and GLD all expired with neutral outlooks, reflecting investors' hesitancy to make bold moves. SPY closed at 572.98, hovering near its target price of 573, with a strike price of 577.14 set on October 9. The index's wide range of 612 and 534 suggests potential volatility. Meanwhile, BTC.USD slipped to 60,765, slightly above its target price of 60,109, with a strike price of 58,971 on October 10. The cryptocurrency's range of 63,193 and 57,026 indicates ongoing uncertainty. GLD remained stable, closing at 245.00, aligning with its target price and strike price of 245.64 on October 11, with a narrow range of 248 and 241. The neutral tone across markets suggests investors are awaiting catalysts for direction.
Expired SPY Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 572.98
This Week Target Price: 573
Strike Price: 577.14 on OCT 9, 2024
Upper Range: 612
Lower Range: 534
Expired BTC.USD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 60,765
This Week Target Price: 60,109
Strike Price: 58,971 on OCT 10, 2024
Upper Range: 63,193
Lower Range: 57,026
Expired GLD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 245.00
This Week Target Price: 245
Strike Price: 245.64 on OCT 11, 2024
Upper Range: 248
Lower Range: 241
Expired SPY Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 572.98
This Week Target Price: 573
Strike Price: 577.14 on OCT 9, 2024
Expired BTC.USD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 60,765
This Week Target Price: 60,109
Strike Price: 58,971 on OCT 10, 2024
Expired GLD Weekly outlook. 2nd WK OCT 2024
> NEUTRAL 📊 HIT
Prior Week Closed Price: 245.00
This Week Target Price: 245
Strike Price: 245.64 on OCT 11, 2024