Valuations, Velocity, and VIX Point To A Probabilistic Pullback In S&P 500 (SPY)

We like to employ a multi-faceted approach to trade idea generation at POWR Options. Combining fundamental, technical, and implied volatility (IV) analysis to find an edge.

A quick walk through of the process is highlighted our most recent analysis of the S&P 500 below. We will use both SPX and SPY interchangeably in the discussion since many traders likely trade SPY versus SPX.