Market Overview
The SPY is having a strong session today, pushing up to 781.11 and on track for its 4th consecutive close above the 21 EMA. The EMA stack is clean, with the 8 EMA at 770.96 sitting comfortably above the 21 at 767.22, and that spread widening is a good sign. Price is now well above the 50 day at 763.86 and the 200 day at 718.14, so the bulls are firmly in control at every timeframe. VIX at 15.2 is calm and not flashing any warning signs. The 8 EMA is your nearest dynamic support if you want a reference point on any intraday dip.
Top Setups — 3 Signals
CRWD — BULL · MEGA
Calls Bought · Strike: 350.0 · Exp: Jan27 · 900 contracts · $1.3M
CRWD is trading at 281.10 with the EMA stack lined up perfectly, 8 at 267.43, 21 at 250.98, and 50 at 228.45. Someone put $1.3M into January 350 calls, a big directional bet with a long runway. The stock is extended above the 21 so the 8 EMA near 267 is the level to watch for any near-term pullback, and the broader structure with higher highs and higher lows on the weekly keeps this firmly in the bull camp.
