Take out the thin 7.33 Gamma at 6625, and we may see an SPX collapse all the way to 6600, 0DTE
Its a wide spread (6700 - 6735) -- but this is the solid-rock cap zone today
Hard cap at 6700 - 6715 in early NY trade; its a low-volume day, but be aware -- it's the day before Oct 17 OpEx
Once SPX falls below 6645, (not-too-large 8.14 (+) Gamma), it's clear falling down to 6600
Hard Cap (impregnable) from 6730 to 6750; void zone now starting at 6700, Update No. 1
Oct. 15 0DTE: 1:7 Risk/Reward -- short the (6705) resistance, ride the void below
This is a new development -- if the SPX closes below 6640 -- we might get a sharp sell-off in ES and NQ overnight (Asia and Europe)
Iron Condor Man and J. Powell rally looks to run out of fuel at 6685 SPX
0DTE Update No. 1 (Oct 14) : A lottery ticket short trade, hoping to see SPX 6610-6605 breached to the downside
Oct. 14 - The SPX (ES futures-implied) has fallen to 6570, which means it has broken through the void edge at SPX 6590 and is now 20 points inside the void zone
October 13: SPX Centroid Lock ("Pin") at 6650; 45-Point Void Below 6645 (0DTE)
ES futures gap up open, but it may mean revert to SPX equivalent of 6550 -- the centroid of the 0DTE universe early Oct 13 NY trade
