SPX Gamma Profile Trend Phase:
Midterm Trend: Bullish
Intraday opportunities: Neutral/Bullish
London GEX + Gamma Profile (ES Futures):
Major levels chosen from London GEX and Gamma Profile.
(complete sets of major and minor levels on charts below)
Notes:
The Midterm (or core) Trend can be classified as either Bullish or Bearish and is determined by analyzing all key options metrics. It is established at a specific moment when all indicators align in the same direction. Although it may experience a lag of 1-2 sessions, it aims to maintain position in a swing trade for an extended period.
Intraday Opportunities can exhibit a Bullish, Bearish, or Neutral stance. They are identified through a series of setups, which are based on various combinations of sentiment metrics, Trend Phase and markers of overnight bias. These opportunities are flagged based on their historical effectiveness, which must be at least 75% to indicate a bullish or bearish bias for the trading session. A Neutral indication means that the probability for a specific setup falls below the 75% threshold.
The Midterm Trend should not influence intraday decisions. However, when opposite signals occur—for instance, a Bullish Midterm and a Bearish Intraday signal—it can be prudent to adjust your strategy by reducing the size of your swing position. This approach helps in managing risk and aligning your trading strategy with the prevailing market conditions.
(to be continued)