[01/20] GEX Outlook: Decision, Key Levels and Looming Volatility

1月20日

Looking at the GEX levels through Friday, we can see that since mid-December, the market has been moving in a slightly downward channel.

• Above 6000–6025: A call gamma squeeze is expected.
  
• Between 5925 and 6000: A sideways “chop zone.”
  
• Below 5925: The high-volatility zone begins, with 5800–5850 acting as our major support/resistance level characterized by heavy put dominance.
  

Below that level lies a “total denial zone.” We’ve seen this scenario before—think back to the red candle on December 18, when the price broke below that threshold. This “red zone” is currently around 5800, so below 5925 we can anticipate large-amplitude moves.

At this point, the market still does not seem worried about significant volatility. Until Friday, all NETGEX values for every expiration are positive, so market participants are pricing in more of a sideways movement. We haven’t yet seen a big pickup in volatility.

I’m not pessimistic, but keep in mind that Trump’s inauguration might usher in a high-volatility period—something the market and many retail traders haven’t experienced in a while. Better safe than sorry.

1月21日

註釋

At mondaythe futures market have a slight breakout. First trading day can be hold it? Let's see today

1月22日

註釋

Very hard first day, lets see how market reacting after that bullish open yesterday.

1月22日

交易進行

UPDATED GEX levels for the week:

1月22日

註釋

testing 6100 very exciting

1月22日

註釋

For bulls this is profit taking territory.
For bears this is short start territory.
For the cowboys this is high-risk-go-long territory.

1月22日

交易結束：目標達成