NQPOSITIVE
ROTATIONAL DAY with BULLISH TILT for NQ. NQ broken above 0DTE call wall (NQ 29970). NDX Q1 (Bullish Exuberance) with positive risk reversal (+42.78) = 0DTE call buying regime in full effect from morning through midday. Dominant vanna magnet at NQ 30,070 (NDX 30,000, +19,279) is the session's strongest single upside force. NDX charm path is DOWNWARD (PM directional drift toward 0DTE call wall pin NQ 29970) — creating a tug-of-war: charm wants NQ 29,970 EOD settling; vanna wants 30,070. With VIX ≤17.50, vanna wins. Pre-market structure INTACT — no thesis change gate conditions met.
Bullish tilt with rotational caution. NQ broken above 0DTE call wall (29970). Key watch: hold NQ above 29979 (dominant anti-magnet −16,145) = vanna magnet at NQ 30,070 dominates, target 30,020-30,070. Lose 29979 = anti-magnet cascade to 29820 → 29770. PM charm vs vanna tug-of-war: charm wants NQ 29,970 EOD settling; vanna wants 30,070. Resolution: VIX ≤17.50 = vanna wins (30,070 target). VIX ≥17.50 = charm wins (29,970 pin). Cross-confirm with ES and VIX gates.
Level Map
Confluence-ranked · distances from spot 29918.00Level Reaction
Intraday tape · NQ · 2026-05-26Greek Pressure
Dealer directional forces · next sessionPositive but thin (+$20M 0DTE). NDX GEX not a meaningful dampening force. Driven by options flow (QQQ chain). NQ moved above 0DTE call wall (29970) — in open territory. 0DTE expires today; 3DTE call wall at NQ 30070 becomes dominant structural reference.
SHORT VANNA (destabilizing) but trend FALLING (recovering toward stabilizing). DIVERGENCE from SPX which is getting more destabilizing. Dominant MAGNET: NQ 30,070 (NDX 30,000) +19,279 = strongest single upside force in scan. Anti-magnet cluster at NQ 29,979/29,949 (−25.6K combined) sits 9-39 pts below current price. Hold above 29,979 = magnet wins (+19K vs −25.6K = toss-up resolved by price position and VIX). VIX ≤17.50 = bull vanna pull to 30,070 dominates.
Net charm −$364B. Path DOWNWARD (below-spot $15B vs above-spot $7.4B — 2:1 below ratio). NDX charm creates EOD downward drift toward 0DTE call wall (NQ 29,970 = NDX 29,900). This is the NDX PM SETTLING ZONE from charm alone. Dominant below-spot charm at NDX 28,690-28,700 (NQ 28,760-28,770) = vol trigger zone = deep EOD gravity. Competing with vanna magnet at NQ 30,070: charm wants 29,970 settling; vanna wants 30,070. Resolution depends on VIX.
Proxy: gamma decays as time passes. 0DTE expires today. NDX gamma thin — color effect minimal for NQ. 3DTE becomes primary structural reference after 0DTE expiry.
Higher-Order
Second + third-order greeks—
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IV Intelligence
Quadrant · skew · term structureCross-Asset Confirmation / Component Confluence
CONFIRMING · COMPLETENative futures levels stay primary. Use ETF conversions as corroboration and component zones as provisional structure only, especially when the overlay is partial or quality flags are present.
Native Levels Confirmed
4 matched levelsNQ 29979 (NDX 29909) — DOMINANT VANNA ANTI-MAGNET −16,145 is secondarily confirmed by QQQ ratio level near 30007.22 and 10-stock zone 29969.84-30036.03.
NQ 29988 (NDX 29918) — CURRENT PRICE is secondarily confirmed by QQQ ratio level near 30007.22 and 10-stock zone 29969.84-30036.03.
NQ 30010 (NDX 29940) — Vanna Magnet +2,355 is secondarily confirmed by QQQ ratio level near 30007.22 and 10-stock zone 29964.94-30036.03.
NQ 30020 (NDX 29950) — 1DTE CALL WALL — PM Ceiling is secondarily confirmed by QQQ ratio level near 30007.22 and 10-stock zone 29964.94-30036.03.
ETF Confirmation Levels
QQQ ratio-convertedQQQ ratio-converted CALL_WALL at 30299.77 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_WALL at 24030.86 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_SUPPORT at 24030.86 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_FLOOR at 24030.86 (DTE 0). Secondary confirmation only.
Component Confluence Zones
Provisional only3-stock put-support confluence cluster centered 29909.09. Provisional component estimate, not a native executable level.
10-stock call-side confluence cluster centered 29999.77. Provisional component estimate, not a native executable level.
10-stock call-side confluence cluster centered 29999.52. Provisional component estimate, not a native executable level.
12-stock call-side confluence cluster centered 30009.04. Provisional component estimate, not a native executable level.
Cautions
Quality-aware language- Component zones rely on static/proxy weights rather than holdings-confirmed weights and stay secondary to native futures levels.
- At least one component projection defaulted beta to 1.0, so component-zone placement is approximate.
- Source coverage was degraded by quote gaps or pagination truncation, so missing confirmations are not a signal by themselves.
- One or more component zones were built from a small contributor set and should be treated as provisional only.
- MCP-native individual stock Greek scans are unavailable. If component zones are attached, they come from the system-level Polygon overlay path and remain secondary/provisional to native index and MCP levels.
Overlay Diagnostics
Runtime 50s- LIGHTER_SELECTION_PATH: using static seed order for this overlay run to avoid a duplicate liquidity pre-scan before component resolution.
- ETF_SOURCE: contracts:PAGINATION_REQUIRED
- ETF_SOURCE: contracts:PAGINATION_TRUNCATED
- COMPONENT_SOURCE: Selected universe uses STATIC_SEED_FALLBACK and HOLDINGS_STALE until issuer/provider holdings adapters exist.
- COMPONENT_SOURCE: Using static seed order for this run to avoid a duplicate liquidity pre-scan before component source resolution.
LBF Status
Look-Below-And-Fail · conditions armedAccuracy Log
Outcomes · last 2 levels scored| Date | Symbol | Level | Predicted | Outcome | Notes |
|---|---|---|---|---|---|
| 2026-04-20 | NQ | DOMINANT ANCHOR@ 26831.00 | FADE_AT | HELD | High print was 26827.00, four points shy of the 26831 anchor. The ceiling held and the contract closed back below at 26774.50. |
| 2026-04-20 | NQ | PUT FLOOR@ 26689.00 | BUY_ON_TEST | ABSORBED | NQ broke below first support to 26593.75, but the move did not extend to 26499 structural support. The contract recovered and closed 26774.50, so the downside strike occurred but was ultimately absorbed. |