Bearish bounce fools traders again, 200-day wall holds strong, put-call ratio spikes to 1.61 on $SPY options, traders brace for sudden 2% plunge risk…
The market we have now is a bearish phase within a secular uptrend. A sustained uptrend typically doesn’t return until the event that triggered the downturn becomes irrelevant. However, if that event is about to be resolved, the market can skyrocket, breaking above the 200-day… — optionGeek (@StockShark16) April 15, 2025 $SPY options open interest …