Nov. 18: Characterization of SPX Customer Positioning, and Market Makers' Hedge Reaction Function for today's 0DTE --- structure suggests controlled, grinding descent, not collapse (capitulation?)

Robert P. Balan

18 Nov 2025 — 3 min read

Read more

Monday (Jan 12) Unclench: 6975-6985 Magnet Pulls Price Toward 7000 Test

The January Hedge: Why Q1 Volatility Isn't Random

Jan 9 Update No. 2: 6980 Cap, and EOD close pin at 6965; Monday's "unclenching" targets 7000

Jan 9: SCOTUS declined to make a ruling; hedges repositioned, making new provisional resistance at 6950 - 6985