Fuzzy Market Structure

Good Morning. This is the only October 5th, 2023 we get so let's make it a great one.

Today's pre-market video offers insights into the SPX's structure through the lense of our unique dashboard. For a comprehensive understanding, not only should you watch the entire video linked below, but also review the pre-market notes available on our Discord server.

SPX Closing Price (Prior Day): 4,264

• SPX PM-Complex: ITM/OTM put dominated; set to open in the middle of its transition zone, which is wide and loose

• SPX 0 DTE: Signs of positive call delta in belly of the complex; set to open above its transition zone (4260 w/ 4295 as +GEX)

• SPX AM + PM Complex: ITM/OTM put dominated; set to open below its transition zone, which is wide and loose

• Market Trend Model: Downtrend on all time frames but the CT has flattened out; trigger day higher is on the table

Market Trend Model: TIK US

SPXP Complex

SPXP 0 DTE

SPXP 1 DTE

SPXP Remainder of the Week

SPX (AM + PM) Full Complex

Market Structure Heatmap and GEX Ratios

Note: All images posted above are provided pre-market within our Discord server

Education Exchange

This Week at GammaEdge

• October 8 @ 12pm EST: Review of September's Book of the Month | The Marshmallow Test by Walter Mischel

• October 8 @ 8pm EST: Open Mic

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and your own research.