Two Sentence Traders

$SPY gamma flips long, 750 is the wall to watch

By rummy ·

Overnight book flipped to long gamma, which is constructive for structure heading into the session. Call wall migrated up to 757 with a strong pin at 755, and 750 is sitting as a defended wall dealers will protect from both sides. If 750 holds, this stays orderly. If it breaks, no bueno.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.