October Options expire this Friday 10/19@Open. The October Options has lots of Open Interest at the 1520-25 SPX area. Most Options would expire worthless, if SPX prices were even close to that price by Option Expiration on 10/19. There is a first cluster of fibo Support at 1531-35 SPX area.The next 56 hourly Cycle ( click on chart to enlarge) and the Apex of the broken wedge is also due 10/19@ Open. 10/19 is also the 20 year Anniversary of the 10/19/87 Crash. This should be an important daily CIT to watch.
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