Grandma Edge Newsletter – Coffee With Q

Good morning, traders!

SPY closed at 681.2 yesterday – sitting in a tight squeeze between two massive levels.

CRITICAL LEVELS:

• Above 682 = bullish toward 683-684
• Below 680 = bearish to 675

KEY LEVELS

🟢 RESISTANCE:

• 690 – Upper ceiling
• 689 – Secondary wall
• 686 – First resistance
• 684 – Major wall
• 683 – Max Pain
• 682 – Critical ceiling (biggest positioning)

📍 CURRENT: 681.2

🔴 SUPPORT:

• 680 – Flip zone (680.48) / Strong floor
• 679 – Secondary support
• 677 – Third floor
• 675 – Major support (heavy puts)

💡 TODAY’S SETUP

We’re sitting at 681.2 – trapped in a tight 2-point range between 680 and 682. The 682 level has the biggest positioning on the chart. Max Pain at 683 is pulling from just above.

This is a choppy squeeze zone. Break and hold above 682 opens the path to 683-684. Lose 680 and we drop quickly to 675.

Range: 680-682 (tight 2-point squeeze)

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! ☕🚀