Why PAM keeps TMVs as long equity hedge overlay, and as underlying position (sharing posts from PAM Investment Strategy Channel)
June 26 Update: 1 -- 7370-7565 support (Red Quadrant) and the EOD focus zone, Green Quadrant (7385 - 7400)
REBALANCING PROCESS IS OVER -- THE CORRELATION BETWEEN US FUTURES AND 10YR YIELD GOING BACK TO NEGATIVE -- New upside target: 7365–7400 zone
June 26 Pre-Market: CAUTION – This is an unusual and quite rare setup – a dangerous one (if there is no change by NY Open)
June 26 Update 2: Likely a dip to the Red Quadrant first (7365 - 7325), before a late day foray to the stoplosses in the Green Quadrant (7365 - 7405)
June 26 Update 1: The regime has improved significantly for bulls; expect more stable, pinning-style price action with a mild upward bias driven by Non-0DTE hedging flows
June 25 Post NY Open: Green Quadrant (~7405–7445): contains customer stop-loss / stop-profit orders sitting just above current price levels; the negative GEX here makes this zone attractive for dealers once the dip to Red is done
