$SPY Supply and Demand Day Trade Idea

Theo CRUZ-CTRL
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Watching The price action to break through the current Supply or Demand zones. I am looking to buy puts in the higher supply zone or buy calls in the lower demand zone. I would not take the current supply and demand zones because the price action has touched them multiple times

  • Buy Calls: $452.92-453.30

  • Buy Puts: $456.13-456.38
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Gapped up above the supply zone so puts are invalidated. Still waiting for the price action to come down to the demand zone to consider calls.
Supply and Demand
CRUZ-CTRL

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