spy gex read — 921am
pinning regime. +$247M net gex.
dealers are long gamma here they fade both sides. that means the market is likely to compress
plan: fade the edges of the range, avoid chasing the middle. until something breaks
Trump's top holdings are $COST, $ORCL, $NOW as mentioned on May 18.
A massive explosion could send $NOW and $ORCL when the price crashes hard. $NOW under $90 and $ORCL under $140.
This is how gamma squeeze would form:
1. Catalyst hits (Trump mentions $ORCL or $NOW)
Retail piles into short-dated OTM call options. Volume spikes, implied volatility rises. Market makers sell those calls to buyers.
2. Market makers are delta-short
MMs sold calls = they're short delta. To stay neutral, they must buy the stock. More calls sold = more stock they must buy.
3. Stock moves up → gamma kicks in
As the stock rises closer to the strike, delta of each call increases (that's gamma rate of change of delta). MMs must buy MORE stock as it goes higher. This is a feedback loop.
4. Call walls become rocket fuel
Large open interest at nearby strikes creates "call walls." When price approaches those strikes, dealer hedging demand accelerates each tick up forces more buying. Price can rip 10% in a day for $NOW $ORCL
5. Squeeze resolves (expiry or volume dries up)
Once options expire or retail stops buying calls, MMs unwind their stock hedges. This reverses quickly. The squeeze is a momentum trade not a fundamental re-rate.
$ES
Buyers stepped in and defended the critical high volume node (HVN) yesterday, triggering a notable reversal.
As discussed all week, a shift in tone required a break of this HVN, an outcome that ultimately played out today.
The auction not only reached the expected downside magnet at 7420, but after hours also fully traversed the prior 2-week balance area, a common target following a failed balance breakout.
Have a great weekend!
your setup is the reason you're broke
not the market
not bad luck
not "bad timing"
the setup you keep leading with
i tested 14 different setups over 2 years
price action. order flow. supply and demand. ICT concepts. SMC. indicators stacked on indicators
6 blown accounts. $8,400 lost
every time i'd blow an account i'd think "wrong setup"
so i'd find a new one
watched another 200 hours of youtube
bought another course
switched to a "better" setup
blew the next account with that one too
the setup was never the problem
here's what nobody tells you because it's too simple to sell as a $5,000 course:
the setup is the LAST thing that matters
it's the final filter in a sequence that has to happen in order
and if you're starting with the setup, you're starting at the end
here's the actual sequence:
step 1: HTF narrative
before you look at a single setup, you need to know what the market is reaching for
mark your daily and weekly highs and lows
that's where the liquidity sits
that's the only magnet that matters
the market is always reaching for one thing: the next unswept level
if you don't know which one, close the chart
you're not ready to look at a setup yet
step 2: the liquidity sweep
price runs into your HTF level and takes it
sweeps the high. sweeps the low. grabs the stops sitting there
this is the moment retail traders either chase the breakout or freeze waiting for "confirmation"
both are wrong
the sweep is the setup BEGINNING
not the entry. the beginning.
step 3: SMT divergence
here's the part that separates everything
you're not watching one chart
you're watching three. NQ, ES, YM.
at the moment of the sweep, one of them takes the level
if all three sweep together: continuation. not your trade.
if one sweeps and the other two refuse: SMT divergence
the institution had enough size to push one index through the level and couldn't drag the others
the level is protected. the reversal is loading.
want it tighter? watch the candle closes
NQ closes bearish. ES and YM close bullish. same candle. same timeframe.
that's a PSP. the odd one out is the lagger. the two that agree are the truth.
stage 1 SMT on the HTF. stage 2 SMT or PSP on the entry timeframe. two divergences stacked.
NOW you have a trade
step 4: the entry
price displaces away from the swept level. real-bodied candle. minimal wicks. commitment.
it leaves a fair value gap behind it. an imbalance. a hole in price where it moved too fast to fill both sides.
that gap is your entry. not after three more candles. not after "confirmation." the gap.
price pulls back into it. you enter in the discount half if you're long, premium if you're short. stop behind the failed sweep. target the opposite liquidity. 1:3 minimum.
that's the sequence
narrative → sweep → divergence → displacement → entry
the setup is step 4
if steps 1, 2, and 3 didn't happen, it doesn't matter what the setup looks like
you're just clicking a pattern in a vacuum with no reason for it to work
i ran this sequence on ONE instrument
2 to 3 trades a day
90 minutes of screen time
i stopped losing the second i stopped leading with the setup and started leading with the narrative
month 1 after the switch: first funded account passed
month 6: first $12,400 withdrawal
month 8: $38-45k/month across 7 accounts
same person
same charts
different starting point in the sequence
you don't have a setup problem
you have a sequence problem
and no amount of new setups is going to fix a sequence you've never been taught
free discord in bio
(if you want to stop switching setups and start running the sequence that actually works - DM "SYSTEM" - high ticket, 1-on-1 only, taking my last client and closing this for good after)
1/
🎯WOW. 2nd day in a row. $SPY
Yesterday: GEX Edge kept traders on the right side of the gamma squeeze.
Today: it kept traders on the right side of the downside flush.
Same regime all morning:
AMPLIFIER TAPE.
Moves accelerate both ways.
Walls don’t hold. Don’t fade the first clean break.
Your new Junior Analyst just clocked in.
While you were sleeping, he:
• Read all the relevant news for 21 futures markets
• Filtered out the noise, kept what actually moves price
• Ran impact and sentiment analysis on what's left
• Mapped today's geopolitical risk to your specific market
• Pulled COT positioning, worked out what commercials and speculators are up to
• Calculated the likely ATR range for the session
• Wrote you a plain-English action plan, no jargon
All done before your first coffee.
That's Market Intelligence Edge V2. It shipped today.
Learn More: https://t.co/LqNE0fcPVd
Your new Junior Analyst just clocked in.
While you were sleeping, he:
• Read all the relevant news for 21 futures markets
• Filtered out the noise, kept what actually moves price
• Ran impact and sentiment analysis on what's left
• Mapped today's geopolitical risk to your specific market
• Pulled COT positioning, worked out what commercials and speculators are up to
• Calculated the likely ATR range for the session
• Wrote you a plain-English action plan, no jargon
All done before your first coffee.
That's Market Intelligence Edge V2. It shipped today.
Learn More: https://t.co/LqNE0fcPVd
‼️ $SPX — not magic, just positioning. 🪄
A large MM long put position at 7550 made the level highly magnetic.
Gamma provided support around the strike, while charm kept pulling spot toward it as time passed.
A clean example of how positioning can shape intraday price behavior.