SPY faces a busy week as Iran headlines, 19 Fed speaker events, widening credit spreads and quarter-end rebalancing collide with increasingly negative market maker exposure. I’m watching 765 as the first key support, with 760 increasingly important below.
Panic headlines can make every sell-off feel like the start of something bigger. This article explains how institutional-style traders separate fear from market structure by analyzing positioning, market maker exposure, volatility term structure, and cross-market confirmation.