The January Hedge: Why Q1 Volatility Isn't Random

Robert P. Balan

10 Jan 2026 — 7 min read

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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

Jan 9: (Triple Whammy Day): 7000 Magnet — But 6955-6970 Void Must Break First

Jan 8: SPX 6910 is where all the Greeks turn hostile -- watch this level carefully towards 0DTE close