Robert P. Balan

June 7 Update 2: further downside range limited to 7475 - 7455, unless the positioning changes again

June 7 Update 1: Very large changes in market positioning during early NY Open, favoring the Red Quadrant

June 7 Pre-Market: Market Makers should prioritize the Green Quadrant in early 0DTE

June 6 Update 4: EOD zone probably at 7555 - 7565

June 6 Update 3: Support forms at 7510 - 7500; the rest of the session potentially ranges from 7520 to 7560 for the rest of the 0DTE

June 6 Update 2: if 7520-7525 resistance yields, the MM hedge heirarchy targets 7560 - 7565

June 6 Update 1: Above 7540, we get (+) Gamma, remain in (+) Vanna, and get to (-) Charm -- all market positives

June 6 Pre-Market: Green Quadrant above the open (with its large GEX swings and positive Vanna) is likely to be the main area of early dealer focus and volatility

Short-Term, Good News on Inflation, But the Fed’s Longer Game Plan Keeps Rate Policy Moderately Hawkish

July 2 Update 1: resistance at 7525 - 7550 Negative GEX held; late day range may stay at 7440 - 7480

July 2 Post NY Open -- Pre-Independence Day rally; hindered by the Negative GEX at 7525 - 7550; late day target at 7555-7585 Vanna-rich zone (Green Quadrant)

July 1 Update: 3 -- firm resistance at 7525 - 7535, late day trade targets the Red Quadrant (7510 - 7480)