SPY 406 Level First Touch

I am watching how price interacts with the 406.86 midpoint level (Expecting a sell off)

This is confluent w/ 21 Exponential Moving Avg on the monthly candle time frame. Big deal on a first hit. Expecting resistance here

If this sets up how I wanna see it. I will be open to playing PUTS down to the 402 level hopefully. Would love to get a full 4 point rip out of this trade on the day


ONLY WAY I will not be taking this trade short is if we get that 406 hit outside market hours

OR

buyers are showing strength through it like it is not even there.