☕ SPY ZERO DTE July 8, 2026 EDGE News – VIP LEVELS
We Look SPY and Trade SPX SPDR 500 ZERO DTE Index.
📊 SUMMARY
Spot: 747.33
Max Pain: 748
Flip: 747.56
MM Heaviest Magnet Strike: 750 — This strike carries the biggest combined MM weight on the board (42.2M). It sits +2.67 ABOVE spot as the overhead cap. Important: 750 is NOT a clean bull shelf today — the 749/750 area is a stacked NEGATIVE cluster (749 is the Daddy Bear at -15.6M). So 750 acts as a magnet AND a wall. Price getting pulled up into 749/750 likely meets heavy MM selling.
🧭 MARKET STRUCTURE
Prior RTH Close:
| Structure |
Level |
Note |
| LH (Lower High) |
749.50 |
🔑 Break above = structure shift back to bulls |
| LL (Lower Low) |
746 |
Trapdoor — lose it and bears run |
📋 TV VALUES
SPY String:
752,754,753,747.33,748,747.56,750,740,749,750
SPX String: COMING ON GRAND Training and Algo.
7520,7540,7530,7473.3,7480,7475.6,7500,7400,7490,7500
Options Flow (Strike, Calls, Puts):
750, 117K, 28K
749, 96K, 52K
748, 83K, 83K
751, 54K, 9K
745, 19K, 90K
🧭 TL;DR
| Path |
Trigger |
Why and Where |
| 🐻 DOWNSIDE |
Lose LL 746 + 5m hold below |
Below the Flip MMs accelerate — path to 745 → 740 Mama Bear (-10.2M) |
| ☕ RANGE (COY BOY ZONE) |
Chop 746–748 |
Flip 747.56 / Max Pain 748 pin zone — bears cap bounces, 746 holds dips |
| 🐂 UPSIDE |
Reclaim Flip 747.56 + break LH 749.50 |
Back to cushion mode — but 750 magnet/wall caps; bull cluster above is LIGHT (753 only +6.1M) |
⚠️ CHECKLIST — NO STRUCTURE = NO TRADE
Structure must confirm with 5-min hold before entry:
- ✅ Levels + Structure + Volume + Flow + POI Confluence
- ❌ Levels alone = No trade
- ⚠️ Watch Flip 747.56 — spot is below it = MMs net-short, downside accelerates
- ⚠️ LL 746 is the trapdoor — lose it with a 5-min hold and bears run to 740
- ⚠️ 749/750 is a WALL (Daddy Bear + magnet), not a bull shelf — fade-risk on pops
⚖️ DISCLAIMER
This is not investment advisory. I’m not calling trades. I’m teaching you to think. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The IKIGAI Algo and any associated indicators, tools, or educational materials are provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. You should consult with a qualified financial advisor before making any trading decisions. Q Levels and affiliated parties are not registered investment advisors, broker-dealers, or financial planners. By participation, you acknowledge you are solely responsible for your own trading decisions and any resulting gains or losses. No guarantees of profit or specific results are made or implied. All sales are final. Please trade responsibly and only risk capital you can afford to lose.
— Q Levels Trading | Coffee With Q ☕🐻
