No Structure = No Trade.
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☕ SPY ZERO DTE July 9, 2026 EDGE News – VIP LEVELS
We study SPY and Trade SPX SPDR 500 ZERO DTE Index.
📋 TV VALUES
SPY String:
750,751,746,745.34,747,746.73,748,745,747,747
SPX String: COMING ON GRAND Training and Algo.
7500,7510,7460,7453.4,7470,7467.3,7480,7450,7470,7470
Options Flow (Strike, Calls, Puts):
746, 67K, 0
750, 66K, 0
748, 43K, 3K
747, 0, 6K
745, 0, 67K
743, 0, 0
☕ Q EDGE – SPY/SPX ZERO DTE (July 9)
🎯 What is the Flip?
The Flip is the line that tells you who has the advantage.
🟢 Above the Flip: Buyers have the edge, and rallies have a better chance of continuing.
🔴 Below the Flip: Sellers have the edge, and downside moves can happen faster.
Think of the Flip as the market’s line in the sand. Staying above it favors the bulls. Staying below it favors the bears.
📍 Today’s Key Levels
- Flip: 746.73
- Max Pain / MM Magnet: 747
- Support: 745 (We closed at 745.34.)
- Bull Targets: 748 → 750
- Bear Targets: 744 → 743
🐂 IF: Bullish Scenario
Bulls must first reclaim 746.73 and hold above it for at least 5 minutes.
Then they must clear 747, the strongest market maker resistance on today’s options board.
If both happen, the path opens toward:
748 → 750
This must be confirmed by Market Structure (MS) with a Higher High (HH) and Higher Low (HL).
☕ Chop Zone
Expect difficult trading between:
745 – 747
Why?
- Buyers are defending 745.
- Sellers are defending 747.
- Price is trading between the Flip and Max Pain, where market makers often pin price.
This is where traders usually get chopped up if they trade without confirmation.
🐻 IF: Bearish Scenario
If SPY loses 745 and holds below it for at least 5 minutes, sellers remain in control.
Potential path:
744 → 743
Since price is already below the Flip, downside moves can expand more quickly. However, we also need to see how the overnight session develops before the market opens.
✅ Pilot Checklist
Before taking any trade, ask yourself:
- ✅ Is price above or below the Flip?
- ✅ Has Market Structure confirmed (HH/HL or LH/LL)?
- ✅ Did the candle hold for at least 5 minutes?
- ✅ Is volume supporting the move?
- ✅ Does Flow agree?
- ✅ Is price reacting at a Point of Interest (POI)?
No Structure = No Trade.
⚖️ 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 ☕🔄