Edition · Thursday, July 9, 2026·Archived · 7d ago · historical·09 Jul 2026 13:58 UTC
ESPOSITIVE
Spot7560.00SessionINTRADAY
Dealer Regime
SPX_POSITIVE_0DTE_POSTOPEN_BUILD
NetGEX $10.4KRisk MODERATE
Opening Type
OPEN DRIVE UP
Conf 65%Day NEUTRAL
Desk Thesis · 2026-07-09
The open resolved this morning's asymmetry — SPX gamma built further positive and spot is now tightly bracketed by its own two largest 0DTE vanna magnets; positive gamma now dampens further momentum, favoring consolidation over continuation from here absent a new catalyst.
SPX gamma built further positive at the open (+$10.40B, up from +$2.57B premarket) and spot is now tightly bracketed by its own two largest 0DTE vanna magnets (ES 7558/7563); fade extremes inside that bracket and treat the dominant confluence just below (ES 7549-7552) as the pullback level to watch rather than chasing continuation.
Level Map
Confluence-ranked · distances from spot 7560.00ES
SPX
Level
Action · Distance
7599.45
GAMMA FLIPSPX native 7DTE Gamma Neutral
WATCH+0.52% · conf 2
7574.62
CALL WALL1/7DTE cross-rail call cluster (nearest resistance)
WATCH+0.19% · conf 2
7562.63
GAMMA FLIPSPX native 21DTE Gamma Neutral
WATCH+0.03% · conf 2
SPOT
ES7560.00
SPX7560.00
Range 7492.70–7627.30
7551.91
CALL WALLDominant 0/7/21DTE call-side cross-rail confluence (prior pin zone, now support)
WATCH-0.11% · conf 3
7548.97
PUT WALLDominant 0/1/7/21DTE put-side cross-rail confluence (prior pin zone, now support)
WATCH-0.15% · conf 3
7530.48
GAMMA FLIPSPX native 0DTE Gamma Neutral
WATCH-0.39% · conf 3
7524.81
PUT FLOOR7DTE put wall (nearest support)
WATCH-0.47% · conf 1
Level Reaction
Intraday tape · ES · 2026-07-09Loading session tape…
Greek Pressure
Dealer directional forces · next sessionGAMMA
UP · 80
Positive/dampening 0DTE gamma built sharply since premarket (+$2.57B to +$10.40B), 78% coverage — dealer book strongly favors pinning post-open.
VANNA
UP · 55
Stabilizing; spot is now bracketed within 5pts by its own two largest 0DTE vanna magnets (ES 7558/7563) — materially tighter than the premarket setup.
CHARM
UP · 60
Flipped strongly positive and built an order of magnitude since premarket (was -643K, now running 1.29M-2.04M continuously since the open) — decay pressure now firmly favors the upside regime.
COLOR
UP · 50
Built an order of magnitude since premarket (31.7K to 58.8K-84.7K range post-open) — corroborates the charm/dex regime shift.
VOMMA
DOWN · 40
Down from premarket's 32.7M as VIX has settled slightly since the scan (17.09-17.53 range this morning vs 17 now).
Higher-Order
Second + third-order greekscolor
LATENT
68832.510
—
speed
LATENT
-11268.670
—
vomma
LATENT
25447796.670
—
zomma
LATENT
-0.044
—
IV Intelligence
Quadrant · skew · term structureRegime Quadrant
Not captured
ATM IVUnavailable
IV Percentile—
Skew Pctile—
Skew ShapeSMIRK
Expected Daily MoveNot captured
Term Structure
Not captured
Term structure not captured for this sessionExpected: ivRegime.termStructure as array of IV fractions per tenor (front/mid/back).
Cross-Asset Confirmation / Component Confluence
PARTIAL · PARTIAL_ERROR · partialCross-asset confirmation was only partially available in this run. Keep the native futures map primary.
No usable ETF ratio levels or component zones were produced. This should reduce confidence in the overlay, not alter the native thesis by itself.
Secondary confirmation only. Native index and MCP levels remain primary. MCP-native individual stock Greek scans are unavailable; if component confluence is attached it was produced by the system-level Polygon overlay path and remains opt-in, secondary, and provisional rather than an executable native futures level. Component weights are static/proxy unless explicitly holdings-confirmed, beta may be defaulted to 1.0, and TOP_10 lists should not be treated as quantitatively ranked until liquidity plus holdings/beta calibration are implemented.
Native Levels Confirmed
0 matched levelsNo direct native-level overlap was captured in this bounded cross-asset run.That weakens confirmation quality, but it does not replace the native futures map.
ETF Confirmation Levels
SPY ratio-convertedNo ETF ratio confirmations were retained.Missing ETF spot or source coverage can suppress this list on bounded runs.
Component Confluence Zones
Provisional onlyNo component confluence zones were retained.That can happen when contributor coverage is thin or the bounded runtime exits early.
Cautions
Quality-aware language- 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.
- The overlay scan was partial because the runtime budget was hit or a source stage degraded. Treat absent confirmations as unknown, not bearish or bullish evidence.
Overlay Diagnostics
Runtime 21sNo converted levels or confluence zones were produced
- 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.
- COMPONENT_SOURCE: NVDA: NVDA: contracts lookup via NVDA returned RATE_LIMITED (You've exceeded the maximum requests per minute, please wait or upgrade your subscription to continue. https://massive.com/pricing)
LBF Status
Look-Below-And-Fail · conditions armed0
NOT ARMED · 0/3 conditions
0
Tension Index
Accuracy Log
Outcomes · last 1 levels scored| Date | Symbol | Level | Predicted | Outcome | Notes |
|---|---|---|---|---|---|
| 2026-04-20 | ES | NEG GEX TRIGGER@ 7152.00 | SHORT_BELOW | ABSORBED | Opened 7148.25 below the 7152 trigger and sold to 7121.50, but downside follow-through stalled well above 7102. First 30-minute close was 7156.75 and session closed 7152.00, so bearish impulse fired but was absorbed and reclaimed by end of day. |
Total Logged1
Scored1
Hit Rate0%
Best Level Type—
Archive
Recent editions2026-07-15 · RTY
RTY's PPI reaction was the weakest of the three families (+0.15% vs ES/NQ's +0.2-0.3%), and session-long DEX/vanna have stayed negative the entire morning without crossing positive - a persistent bearish-leaning Greek signature distinct from SPX/NQ's more constructive builds, reinforcing the user's own excess-high/breakdown read while respecting genuine two-sided rotation risk within the newly-formed lower balance.
OPEN TEST DRIVE
BEARISHNEGATIVE—
2026-07-15 · NQ
PPI printed a market-friendly reaction that pushed NQ ~70-90pts through the dominant confluence pin (29929) before the open; today resolves on whether that breakout holds through the first 30 minutes of cash trading or gets reclaimed and rejected back into the pin/HG zone, with NDX-side data quality thinner than SPX's this session.
OPEN TEST DRIVE
BULLISHNEGATIVE—
2026-07-15 · ES
PPI printed a market-friendly reaction that pushed ES 15-19pts through the dominant 0DTE pin (7589) before the open; today resolves on whether that breakout holds through the first 30 minutes of cash trading or gets reclaimed and rejected back into the pin/charm-centroid zone.
OPEN TEST DRIVE
BULLISHNEGATIVE—
2026-07-14 · RTY
RTY flipped back to positive/dampening 0DTE gamma today (+$32.29M), the only positive-gamma instrument of the three families, with spot pinned essentially on top of the native 0DTE GN (RTY 2965.59) and the day's strongest confluence (RTY 2964.35); expect chop inside the pin through CPI, with RTY likely dampening rather than amplifying a directional CPI move relative to ES/NQ's negative-gamma books today.
OPEN AUCTION
NEUTRALPOSITIVE—
2026-07-14 · NQ
NDX/NQ flipped to a thin/mild negative-gamma 0DTE book overnight (-$186.4M) with live spot sitting essentially inside the day's strongest GEX confluence (NQ 29609-29646); CPI prints within the hour, and NQ's vanna map (largest magnet above spot) and charm read (dominant centroid below spot) disagree on direction, arguing for a genuinely two-sided, event-driven session.
OPEN AUCTION
NEUTRALNEGATIVE—
2026-07-14 · ES
SPX/ES flipped to a decisively negative-gamma 0DTE book overnight (-$6.99B) with live spot sitting essentially inside the day's strongest GEX confluence (ES 7554-7564); CPI prints within the hour, and the negative-gamma regime means a surprise in either direction has more room to extend than yesterday's positive-gamma session allowed.
OPEN AUCTION
NEUTRALNEGATIVE—
2026-07-13 · RTY
RTY sits 17.75pts below a now-clean native 0DTE GN (RTY 3002.75) inside a freshly negative-gamma book (-$18.0M, a regime flip from Friday's balance); expect a test toward the 2994 resistance/antimagnet confluence with real rejection-or-acceleration risk given the negative-gamma regime, rotating toward the 2962-2964 support confluence if rejected.
OPEN TEST DRIVE
NEUTRALNEGATIVE—
2026-07-13 · NQ
NDX/NQ sits inside a tight, genuinely bracketing confluence pin (NQ 29762-29793); expect chop within or just outside that bracket toward 29629-29639 (dominant put wall/HG control line) below or 29886 (call wall) above unless a level breaks with volume ahead of tomorrow's CPI.
OPEN AUCTION
NEUTRALPOSITIVE—
2026-07-13 · ES
SPX/ES sits 11.8pts below a multi-root 0DTE Gamma Neutral (ES 7610.82) inside a decisively positive-gamma book; expect range/fade behavior between the 7591 near-spot support and the 7620-7621 GEX/vanna confluence resistance unless one side breaks with volume ahead of tomorrow's CPI.
OPEN AUCTION
NEUTRALPOSITIVE—