Edition · Tuesday, July 14, 2026·Archived · 2d ago · historical·14 Jul 2026 11:58 UTC
NQNEGATIVE
Spot29633.00SessionPREMARKET
Dealer Regime
NEGATIVE_0DTE_THIN_ACCELERANT_SPOT_INSIDE_CONFLUENCE
NetGEX -$186Risk MODERATE
Opening Type
OPEN AUCTION
Desk Thesis · 2026-07-14
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.
Spot sits inside today's strongest GEX confluence (NQ 29609-29646) in a freshly (but only mildly) negative-gamma book; there is no edge trading inside the pin pre-CPI. Post-CPI, treat this as a negative-gamma day and give a volume-confirmed break of either side more benefit of the doubt to extend, sizing down through the print.
Level Map
Confluence-ranked · distances from spot 29633.00NQ
NDX
Level
Action · Distance
29805.17
CALL WALLQQQ-projected 1DTE/3DTE call wall, dominant OI 17842, confirmed by an independent MODERATE GEX cluster (pct 0.836)
WATCH+0.58% · conf 3
29790.16
VANNA MAGNETQQQ 1DTE vanna magnet, largest magnitude in the whole NQ book
WATCH+0.53% · conf 2
29640.06
GAMMA FLIPDay's strongest 0DTE-through-21DTE GEX confluence (pct 0.988, 6 rails agree)
WATCH+0.02% · conf 3
29639.99
PUT FLOORQQQ-projected 0DTE put wall, largest GEX magnitude in the NQ book (roughly 5-7x every other wall)
WATCH+0.02% · conf 3
SPOT
NQ29633.00
NDX29633.00
live anchor
29609.00
PUT FLOORNative 0DTE put wall, thin but real, lower bracket of the confluence pin
WATCH-0.08% · conf 1
29463.72
PUT FLOORMODERATE GEX cluster (pct 0.556), confirmed by the QQQ 7DTE proxy GN landing almost exactly there
WATCH-0.57% · conf 2
28982.31
PUT FLOORQQQ 1DTE/3DTE put wall, dominant OI 46168 - largest single OI concentration in the NQ book
WATCH-2.20% · conf 2
Level Reaction
Intraday tape · NQ · 2026-07-14Loading session tape…
Greek Pressure
Dealer directional forces · next sessionGAMMA
DOWN · 45
Thin/mild negative 0DTE book (-$186.4M), coverage 99.0%, put/call ratio only 1.12:1 - a regime flip from yesterday's positive book, but far milder in degree than SPX; spot sits inside the day's strongest confluence.
VANNA
UP · 30
netVanna stayed positive/stabilizing but roughly tripled in magnitude (128 to 385) at the 10:25-10:56Z step - unlike SPX, NQ's vanna did not flip sign; largest single vanna level in the book is a magnet above spot.
CHARM
DOWN · 40
netCharmDaily built roughly 6x at the step (1,230 to 7,536); the weighted-primary QQQ charm centroid sits well below spot, a mildly bearish-leaning charm read that disagrees with the vanna map's bullish lean.
VOMMA
UP · 35
netVomma roughly 3.5x'd at the same step (1.50M to 5.23M) - amplifying, corroborated across 3 consecutive polls.
Higher-Order
Second + third-order greekscolor
LATENT
-26.560
—
speed
LATENT
0.000
—
vomma
LATENT
5225413.270
—
zomma
LATENT
-0.007
—
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
QQQ 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 16sNo 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:RATE_LIMITED
- 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)
- COMPONENT_SOURCE: AMD: AMD: contracts lookup via AMD 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 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. |
Total Logged2
Scored2
Hit Rate50%
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—