Edition · Friday, July 10, 2026·Archived · 6d ago · historical·10 Jul 2026 12:12 UTC
ESPOSITIVE
Spot7587.50SessionREGULAR
Dealer Regime
LARGE_POS_0DTE_BALANCE_TOP
NetGEX $12.9KRisk MODERATE
Opening Type
OPEN TEST DRIVE
Desk Thesis · 2026-07-10
SPX/ES sits in a materially larger positive-gamma book than yesterday, testing the top of a clean multiday balance near its own largest 0DTE vanna magnet; absent a real catalyst, the higher-probability path is range/chop around the balance top rather than a confirmed breakout.
Trade ES as a range instrument around its dominant confluence/VAH zone (7565-7648) until proven otherwise; positive gamma with the largest 0DTE vanna magnet essentially at spot rewards fading extremes over chasing, and standard Friday-expiry mechanics argue for smaller size into the close.
Level Map
Confluence-ranked · distances from spot 7587.50ES
SPX
Level
Action · Distance
7592.50
CALL WALLSPX native 0DTE call wall
WATCH+0.07% · conf 2
7591.47
DOMINANT ANCHORDominant call-side cross-rail confluence (0/3/6/7/21DTE)
WATCH+0.05% · conf 3
7590.53
DOMINANT ANCHORDominant put-side cross-rail confluence (0/3/6/7/21DTE)
WATCH+0.04% · conf 3
7588.83
VANNA MAGNETSPY-projected 0DTE vanna magnet, largest in whole book
WATCH+0.02% · conf 3
SPOT
ES7587.50
SPX7587.50
live anchor
7587.50
PUT WALLSPX native 0DTE put wall
WATCH+0.00% · conf 2
7587.50
VANNA ANTIMAGNETSPX native 0DTE vanna antimagnet, largest native
WATCH+0.00% · conf 3
7565.24
HVL FLOORSPX native 0DTE Gamma Neutral (clean root)
WATCH-0.29% · conf 3
7397.50
PUT FLOORSPX native 7DTE put wall/cluster
WATCH-2.50% · conf 2
7234.78
STRUCTURAL FLOORStock GEX 21DTE constituent-aggregate floor
WATCH-4.65% · conf 1
Level Reaction
Intraday tape · ES · 2026-07-10Loading session tape…
Greek Pressure
Dealer directional forces · next sessionGAMMA
UP · 92
SPX net dealer gamma +$12.94B (call $28.07B / put -$15.13B), 69.6% gexProfile coverage (349/504 usable contracts -- distinct from the 84.3% greeks.coverageRatio used for the vanna/charm/vomma block), decisively dampening -- larger than 07-09's +$2.57B book. Dominant session greek.
VANNA
UP · 55
netVanna +24,641, stabilizing; swung from +4,990 to -9,744 mid-session before recovering -- a real intraday swing, not a step artifact.
CHARM
DOWN · 40
netCharmDaily built steadily 1.08M to 1.89M through 10:25Z then dropped sharply to 627.6K at the 11:34Z refresh, coincident with a small coverage-ratio uptick -- treat the last-poll value as a possible data-refresh discontinuity, the pre-11:34Z build is the more trustworthy read.
COLOR
UP · 60
netColorDaily built steadily and cleanly all session (5,493 to 118,758), accelerating into the final poll -- a genuine intraday trend, not an artifact.
VOMMA
UP · 50
netVomma amplifying, +58.6M, jumped from a declining 41.8M-35.4M trend to 59.3M at the final poll, coincident with gn0Strike migrating 7515 to 7520.
Higher-Order
Second + third-order greekscolor
LATENT
118757.550
—
speed
LATENT
-17071.950
—
vomma
LATENT
58587118.500
—
zomma
LATENT
-0.050
—
IV Intelligence
Quadrant · skew · term structureRegime Quadrant
Not captured
ATM IVUnavailable
IV Percentile50
Skew Pctile50
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 7sNo 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 editions2026-07-16 · NQ
The NDXP native chain unfroze right at the cash open and immediately showed a flip to deep negative 0DTE gamma coincident with a sharp open-drive selloff (29645.25 to 29264.25); price is now testing the qqqProjected 0DTE call wall / STRONG cluster confluence (29376-29415) from below after a fresh, unconfirmed bounce off the session low. Negative gamma amplifies the next move rather than dampening it - the real downside magnet if the bounce fails is the 1DTE put-wall/cluster confluence at 28965-28971.
OPEN DRIVE DN
NEUTRALNEGATIVE—
2026-07-16 · ES
SPX flipped from thin-balanced to deeply negative 0DTE gamma at the open, driving a sharp selloff (7615.5 to 7575.5); price is now sitting almost exactly on the day's largest OI concentration (0DTE put wall 7582.30, call wall 7587.30 just above), with a fresh but unconfirmed 2-minute bounce off the session low. Negative gamma amplifies rather than dampens the next move - a reversion case exists but requires genuine acceptance above the wall pair, not just a touch.
OPEN DRIVE DN
NEUTRALNEGATIVE—
2026-07-16 · RTY
RUT native and IWM 0DTE Gamma Neutral converge on the same level (two-rail agreement) sitting ~11-12pts above spot on a thin put-skewed gross book, immediately after yesterday's swept-Friday's-high excess and today's continuation into a lower balance with VPOC shifted down; today's session high already capped almost exactly at a real Greek-derived level (IWM antimagnet), so this reads as balance-building/rotation risk rather than a confirmed breakdown unless 2968.50 fails with genuine acceptance.
OPEN TEST DRIVE
NEUTRALNEGATIVE—
2026-07-16 · NQ
The NDXP native chain is frozen since 10:31 UTC, so today's native NQ Greek map is background structure, not a live trigger; live order flow shows genuine two-sided chop with a session low (29361) that corroborates the recomputed native 0DTE put wall (29356) within 5pts, and a deeper operator-flagged swing-low/VPOC confluence (29304/29290) is the session's highest-quality setup if swept and reclaimed with acceptance rather than a mere touch - consistent with a range-bound day-before-OPEX read led by the live SPX chain.
OPEN TEST DRIVE
NEUTRALPOSITIVE—
2026-07-16 · ES
SPX 0DTE gamma is thin-negative on a huge balanced gross book (fragile pin, not thick pin), with the STRONG 4-rail cluster (7603.77) having already capped this morning's rally almost exactly at the session high (7615.5); day-before-monthly-OPEX dynamics plus a negative-gamma VIX front monthly favor continued two-sided chop inside the 7563-7604 bracket over a clean trend, with acceptance (not a touch) required at either boundary before trusting continuation.
OPEN TEST DRIVE
NEUTRALNEGATIVE—
2026-07-15 · 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—