Grandma Edge Newsletter – Coffee With Q
Good morning, traders!
SPY closed at 685.97 on Friday – sitting right in a tight magnet zone with massive positioning.
8 am Update:
Above 684 flows turn up, at 688–689 they fully align, and above 690 we enter expansion.
Below 680 it shifts into downside
SEE price action on Q ALGO. No BIAS & No Emotions – See disclaimer.
KEY LEVELS
🟢 RESISTANCE:
- 690 – Upper ceiling
- 687 – Secondary wall
- 686 – Break point
📍 CURRENT: 685.97
🔴 SUPPORT:
- 684 – Critical floor
- 683 – Max Pain / Strong support
- 680 – Flip zone (680.18)
💡 TODAY’S SETUP
The 684-686 zone is THE story today. Huge positioning at both 685 and 684 creates a magnet effect – expect choppy, range-bound action unless we get a clean break.
Break and hold above 686 opens 687-690. Lose 684 and we target 683 quickly, then 680.
Range: 684-686 (tight and choppy)
NO BIAS – Check Q LEVELS and price action with the Q Algo
⚖️ DISCLAIMER
Educational purposes only. Not financial advice. Trading involves substantial risk of loss. All decisions are your own responsibility. Options trading is high risk and not suitable for all investors.
— Grandma Q | Coffee With Q
Trade safe! ☕🚀