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May26th-29th SPY analysis using Options Market Metrics & Dealer/GEX flows. Not financial advice--for informational purposes only. Market view: overall long; Institution distribution has started and volatility has come in.

Support at the below expected range and completly in the shakeout phase. We shall see how options play on Tuesday. COT reports indicate longs are being trimmed by Asset Managers and still long skewed. Ranged bound market will appear. Not just yet of course.