More volatility lol

Further Breakout! S&P 500 Sprint to 7000 During Santa Rally?

The recent rally appears closely tied to technical positioning following a record-scale triple witching, with a large volume of S&P 500 options expiring between the 6,700 and 6,800 strikes. As those constraints cleared, upside momentum strengthened, shifting attention toward the 7,000 psychological level. Options data suggest positive gamma is building above 6,835, while the 6,900 area has emerged as a key near-term zone of two-way positioning. Do you see 6,900–7,000 range as a breakout zone?

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