Books settled into a heavy short-gamma print this morning and the call side's basically vanished for the day, that's not the setup you want if you're leaning bullish. 740 is the defended level on $SPY, won't go down easy, but it's not a dominant floor either, there's nothing real for support below it so individual names have to carry their own weight. 748 sits as a positive rung above spot if we get there. Short-gamma days can whip either way fast, don't get comfortable either direction.

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