NQPOSITIVE
NDX 0DTE gamma flipped positive and its largest node is now 29460 - the call wall at 0, 7 and 21 DTE - while spot sits within one point of the 0DTE gamma neutral on two independent computations, with a third consensus line 10 points below. netVanna flipped positive too, so dealers are now long vanna here and short it on ES. The ETF vanna field inverted with it: the strongest antimagnet is now 29464, landing 1.6 points from chart value-area low, with magnets at 29587 and 29669 above. Price is balanced on a point with the pull upward - but the rail that says so reversed its strongest node in 3.5 hours and the native rail puts its magnets on the other side.
NQ is sitting within one point of its 0DTE gamma neutral (29503 store, 29504 production, live 29504) with the strongest vanna antimagnet on the board 40 points below at 29464 - 1.6 points from chart value-area low - and two vanna magnets above at 29587 and 29669. Buy a pullback into 29470-29505 with a 29440 stop for 29545, 29587 and 29669, at HALF size because the ETF vanna rail inverted its strongest node inside 3.5 hours and the native rail disagrees on which side of spot the pull is. Do not initiate between 29505 and 29545.
Level Map
Confluence-ranked · distances from spot 29419.00Level Reaction
Intraday tape · NQ · 2026-08-21Greek Pressure
Dealer directional forces · next sessionNDX 0DTE net GEX has FLIPPED POSITIVE, -$1.63B to +$162.45M, and 3DTE has flipped too. The dominant node is no longer the put wall: it is 29460 at +$161M on 253 OI, which is simultaneously the call wall at 0, 7 and 21 DTE. The 29100 strike that was 69 percent of the entire book this morning no longer appears in the top twelve, its gamma having collapsed as spot travelled 319 points away. Aggregate dollar delta is now small and two-sided at -1,101, with the -475 concentration at 29100 entirely decayed away. Coverage improved 0.51 to 0.62 but remains the weakest root in the scan.
netVanna has FLIPPED POSITIVE, -450.2 to +275.1 - dealers are now net LONG vanna on NDX, which is stabilizing, and the opposite of the ES book. The level map inverted with it: the ETF rail's 29502 node went from a -27,495 antimagnet to a +29,634 magnet, 29584 became a second magnet at +27,661, and the strongest object is now the antimagnet at 29379 (vhi -76,061) which lands 1.6 points from chart value-area low. Vanna now repels NQ from 29464 and pulls it toward 29587 and 29669. CAVEAT: this rail inverted its strongest node in 3.5 hours, and the native rail places its magnets on the opposite side of spot.
netCharmDaily +12,313 against netTheta -287,730. The native and session charm centroids agree within 1 point at index 29430.96 and 29431.82, sitting 12 points above spot and within 30 of the call wall - charm and gamma pointing at the same shelf. NO TREND IS AVAILABLE: the harvest is step-frozen, with 14 consecutive rows identical to four decimal places within the current coverage regime.
netColorDaily -162.1, gamma eroding - and note this is the OPPOSITE of the ES book, where colour has flipped positive. Single observation from a step-frozen harvest; no build or erode trend can be claimed.
netVomma +8,979,124. vexConfidence tier high at 0.9775 with bandWidth 45 and vommaRegime positiveHigh - vol convexity amplifying. netVeta is +871.6M, concentrated at 29100 which still carries 7.8x the vega of any other strike despite its gamma having collapsed.
netUltima -19,358,608. Reported for completeness and excluded from any trend claim - the harvest is step-frozen so this is a single observation repeated across 14 polls, and the equivalent ES series sign-flips between -$645.5M and +$778.0M across its window.
zommaAtGn0 -0.0119 at index strike 29210. SINGLE-STRIKE level property, not an aggregate, and not comparable to any net above. The anchor itself is a spot fallback (GREEKS_GN0_ANCHOR_FALLBACK_SPOT), so this describes the spot region rather than a true gamma-neutral strike - unlike the ES reading, which sits on a confirmed crossing.
speedAtGn0 is 0.0. COVERAGE ARTIFACT, not a reading - speed is non-zero on about 1 percent of contracts per the 2026-08-12 audit - and compounded here by the anchor being a spot fallback. No third-order rail is available.
Higher-Order
Second + third-order greeks—
—
—
—
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 levelsVanna magnet - upper is secondarily confirmed by QQQ ratio level near 29672.91.
Structural vanna magnet / 3DTE call wall is secondarily confirmed by QQQ ratio level near 29672.91.
MODERATE cluster / NDX 21DTE Gamma Neutral is secondarily confirmed by 3-stock zone 29308.65-29352.91.
Vanna magnet / QQQ charm centroid is secondarily confirmed by 3-stock zone 29308.65-29352.91.
ETF Confirmation Levels
QQQ ratio-convertedQQQ ratio-converted CALL_WALL at 29050.40 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_WALL at 29050.40 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_SUPPORT at 29050.40 (DTE 0). Secondary confirmation only.
QQQ ratio-converted PUT_FLOOR at 29050.40 (DTE 0). Secondary confirmation only.
Component Confluence Zones
Provisional only3-stock put-support confluence cluster centered 29330.78. Provisional component estimate, not a native executable level.
3-stock put-support confluence cluster centered 29454.89. Provisional component estimate, not a native executable level.
11-stock call-side confluence cluster centered 29515.51. Provisional component estimate, not a native executable level.
9-stock put-support confluence cluster centered 29493.82. 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 52s- 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. |