Henry Gambell Markets Analysis: SPY, GS, C, XLF, KO, VMW, CHRW
Expiration wrap up and stocks to watch.
Henry Gambell of Simpler Options wraps up the regular October expiration cycle with a swing review of stock indexes, updates on current positions and thoughts on trading into the last day of these monthly contracts. The SPY chart can be looked at in two ways, short and longer term. Gambell reviews multiple levels and how to look at them in a historical context. $188.18 is key. He also points out foreign currency and the U.S. dollar as a role. GS level to watch is $182.35, C and XLF look ready for a bounce, also. KO monthly squeeze looks good into higher prices, VMW squeeze is fired short and CHRW has a monthly squeeze in play.
