SPX6900 [SPX] experienced a significant rally, climbing 13.61% in the past 24 hours to trade around $1.16. This surge was fueled by heightened activity from retail buyers and futures traders, with buy volume reaching 3 million. Derivatives volume also saw a substantial increase, rising 124% to $146.67 million, while open interest grew by 22.36% to $63.89 million. Despite the bullish momentum, whale activity indicated a net selling of 0.9 million SPX, and exchange netflow increased to $257,000, suggesting some profit-taking pressure may be emerging. The mixed signals highlight a dynamic trading environment for SPX6900.