AAPL Technical Analysis and GEX Options Analysis

Directional Bias
AAPL is currently recovering from a recent low of $233, attempting to break above critical resistance at $240. The price action is consolidating, suggesting the possibility of a breakout or continuation of the downtrend.

* Bullish Scenario: If AAPL breaks above $240 with strong volume, it may target the $247–$250 zone. This move could align with a broader market rally or improved sentiment.

* Bearish Scenario: Failure to break above $240 could lead to further downside, with $233 acting as immediate support. A break below this level may drive the price toward $220.

Key Levels to Watch
* Support:
* $233: Immediate and strong support.
* $220: Major support zone if $233 is broken.
* Resistance:
* $240: Key resistance. A breakout above this level may signal bullish momentum.
* $247–$250: Critical resistance zone, aligned with the Gamma Wall and historical price levels.

GEX (Gamma Exposure) Options Analysis

* Key Insights:
* $240: High PUT wall resistance; crossing this level could lead to a bullish shift.
* $247–$250: Positive Gamma exposure indicates a price magnet if bullish momentum builds.
* $233: Moderate PUT support; breaking below could lead to bearish acceleration.
* Options Bias: AAPL’s current setup shows bearish tendencies, but breaking $240 could trigger a gamma-induced rally.

Thoughts on Market Direction
The market direction will largely depend on whether AAPL can sustain momentum above $240. Volume and MACD are showing early signs of a potential bullish divergence, but confirmation is necessary. Keep a close eye on pre-market developments.

Actionable Steps
1. For Bulls:
* Entry: Above $240 (confirmed breakout).
* Target: $247–$250.
* Stop-Loss: Below $233.

2. For Bears:
* Entry: Rejection near $240 or a break below $233.
* Target: $220.
* Stop-Loss: Above $240.

Pre-Market Reminder
Please review this analysis during the pre-market session, as gaps up or down can significantly alter the trading plan. Adjust your strategy as needed.

Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and consider your risk tolerance before trading.