NQPOSITIVE
NQ is the higher-beta, higher-cascade-risk instrument. Anti-magnet band at 29997-30178 NDX (30073-30254 NQ) surrounds current spot. Vanna magnet at 30300 NDX (30376 NQ) pulls upward on vol compression. Bull gate: 30376 NQ then HVL 30516 then call wall 30626. Bear gate: 30176 NQ (put wall/top neg GEX) ? anti-magnet cascade through 30073-30164 NQ ? 30036 (put wall) ? gap 29617 NQ.
NQ is the lead cascade index (short destabilizing vanna, anti-magnet band at spot). Bull: above 30376 (30300 NDX vanna magnet) ? 30516 HVL ? 30626 call wall. Bear: 30176 loss ? anti-magnet cascade 30164-30073 ? 30036 put wall ? 29617 gap. Confirm with ES direction.
Level Map
Confluence-ranked · distances from spot 30272.00Level Reaction
Intraday tape · NQ · 2026-05-29Greek Pressure
Dealer directional forces · next sessionModest +$9.2M net GEX. Thin chain (12,387 OI vs 665K for SPX). Easily overwhelmed. HVL at 30440 is above current spot - NDX has not entered full positive gamma damping zone yet.
Net negative, path downward. BUT charm trend RISING. C/G ratio 4,107 (extremely high throughout) - charm completely dominates NDX. Below spot 19.1B >> above 9.4B. Growth above at 30550/30700/31000.
SHORT/DESTABILIZING. VHI -22,504 vs avg -11,232 (double average, FALLING). Anti-magnet band 29997-30178 SURROUNDS current spot. NQ is the lead cascade index. Magnet at 30300 above spot pulls upward on vol compression.
Higher-order greeks not separately computed for NDX this session. Use SPX vomma (-36404) as directional proxy - vol expansion expected to reduce positive GEX effect across both instruments.
Higher-Order
Second + third-order greeksNot separately computed. SPX color +47642 confirms pin-strengthening environment for both instruments.
Not separately computed for NDX this session. Use SPX higher-order as directional proxy.
Not computed. NDX thin chain means vomma effects are less material vs SPX.
Not computed.
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 levels3DTE HVL is secondarily confirmed by QQQ ratio level near 30488.27 and 2-stock zone 30379.69-30425.21.
0DTE HVL / Gamma Neutral - must clear for sustained bull momentum is secondarily confirmed by QQQ ratio level near 30529.53 and 2-stock zone 30560.47-30605.99.
0DTE dominant call wall +$1.76M, pure calls, charm +5.3, confluence score 3. Bull target. is secondarily confirmed by QQQ ratio level near 30612.04 and 2-stock zone 30560.47-30605.99.
Anti-magnet VHI -5,552. Band lower boundary. is secondarily confirmed by 3-stock zone 30174.93-30220.45.
ETF Confirmation Levels
QQQ ratio-convertedQQQ ratio-converted CALL_WALL at 30942.09 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_WALL at 29085.56 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_SUPPORT at 29085.56 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_FLOOR at 29085.56 (DTE 0). Secondary confirmation only.
Component Confluence Zones
Provisional only3-stock put-support confluence cluster centered 30197.69. Provisional component estimate, not a native executable level.
9-stock put-support confluence cluster centered 30332.13. Provisional component estimate, not a native executable level.
11-stock call-side confluence cluster centered 30362.54. Provisional component estimate, not a native executable level.
9-stock call-side confluence cluster centered 30359.48. 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 55s- 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. |