☕ SPY ZERO DTE April 20, 2026 EDGE News – VIP LEVELS ⚠️🐂 MONDAY – SPY 710!
🚨 REMINDER: NO BIAS
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🌙 GOOD NIGHT, PILOTS
See you for Sortie at 9:10 AM tomorrow.
1st Prayer and Disclaimer by Captain: @Kami Yamaguchi
📊 TRADE ANALYSIS — 11:00 to 11:30 AM
After prayer and disclaimer, we will be all taking our trades with the SAME Algo that everyone has. Some have 1 min and some 15 seconds. Whichever ALGO gives you comfort, you will use.
✈️ PRE-FLIGHT CHECKLIST — CHARTS MUST BE READY
If your charts are not ready, we can’t offer tech support during Sortie. Contact @Kat L after if needed.
5 Min Chart:
- Seafire With Recon
- QVDD
- Candle Control
- MAGNETS (With Pivots ON)
15 Min Chart:
- Seafire With Recon
- Candle Control
1 Min Chart:
- Seafire — Enable: A, B, C, E, F, G, H
- DDSAFE ON
- Flying Saucers On
PLUS:
- QVDD++
- QZ VSA 10.0
- QZ FLOW 10.0 SM
EVERYONE SHOULD BUILD THEIR OWN SCREEN AND ADD ALGOS AS THEY DESIRE TO WHAT WORKS FOR YOU. JUST BECAUSE WHAT WORKS FOR Q, GARY AND OTHER TRADERS DOES NOT MEAN IT’S SAME SIZE FIT ALL.
— Q ☕
📋 SUMMARY: WHAT TO WATCH
| Price Action | Significance | Expected Move |
| Above 715 | Mama Bull (+24M) break | Full bull extension — new highs |
| 710 to 715 | Between Daddy Bull and Mama Bull — bull zone | Price is HERE. Both #1 and #2 OI strikes positive = bullish |
| Break below 710 | Daddy Bull (+31.9M) breaks | Test 708/705, structure already bearish — watch closely |
| Break below 705 | OI 14.4M zone breaks | Deeper pullback toward 702/700, then 699/696 bear zone |
📌 Friends, Traders, and Newbies…
Lend me your eyes! SPY 710! Price closed at 710.75 — up 8.53 pts from Friday’s 702.22. That’s another massive rally day. We’re now 18.25 pts above the Flip at 692.5. The MM Exposure chart is green from 695 to 725+. The #1 absolute OI strike (710 at 34M) and #2 absolute OI strike (715 at 24.1M) are BOTH positive — bullish alignment. Daddy Bull at 710 with +31.9M is RIGHT at price. Mama Bull at 715 (+24M) is the next upside magnet only 4.25 pts away. Baby Bull at 712 (+15.1M) is just 1.25 pts above. Bears? Daddy Bear at 696 holds just -5.8M and is nearly 15 pts below — bulls dominate 5.4:1. BUT — 5 min structure is BEARISH again. LH 710.39 / LL 708.99. Price at 710.75 is ABOVE the LH — same conflict pattern as Friday. Structure says bearish. Exposure says bullish. Price must prove which one wins.
SPY: 710.75 Closed | Max Pain: 695 | Flip: 692.5
👆 Above 715 (Mama Bull +24M) → Bulls accelerate, full extension into new highs
👇 Below 710 (Daddy Bull +31.9M) → Structure confirmed bearish — test 708/705
💡 WHY MAX PAIN MATTERS FOR ZERO DTE
Max Pain is the strike where option sellers (Market Makers) lose the LEAST money at expiration.
For Zero DTE, this is critical because:
- Options expire TODAY — no more time to wait
- MMs will push price toward Max Pain to minimize their payout
- The closer we get to 4:00 PM, the stronger the Max Pain magnet becomes
- Today’s Max Pain = 695 — that’s 15.75 pts BELOW current price
Translation: Max Pain jumped UP from 678 to 695 — massive 17 pt move higher. The whole board keeps shifting up. Bull exposure is stacked from 700 to 715+. Daddy Bull at 710 (+31.9M) is the biggest positive magnet. Price is well above the Flip at 692.5 — MMs are hedging CALLS. Both #1 and #2 absolute OI strikes are positive. Bulls dominate 5.4:1. Max Pain gravity is overpowered but the gap is narrower than Friday — 15.75 pts vs 24 pts. Keep an eye on afternoon gravity.
🧭 STRUCTURE CHECK — Friday Close
5 Min Structure:
- LH: 710.39 (KEY LEVEL: Break above = HH)
- LL: 708.99 (Structure Target)
- Status: 🔴 BEARISH (LH + LL)
Structure is BEARISH on 5 min for the second session in a row. Lower High at 710.39 and Lower Low at 708.99. BUT — price at 710.75 is 0.36 pts ABOVE the LH. Same pattern as Friday — price opened above the bearish structure point. The LH at 710.39 is the KEY LEVEL: break above confirms a new Higher High and FLIPS structure back bullish. The LL at 708.99 is the floor — break below confirms the bearish read and opens up 708/705.
Q ALGO™ Status:
- Price is ABOVE THE FLIP at 692.5 = BULLS CONFIRMED 🐂🐂🐂
- 5 min structure is BEARISH (LH + LL) = ⚠️ structure CONFLICTS with exposure
- THE CONFLICT CONTINUES: Exposure says BULL. Structure says BEAR. Same pattern as Friday — price above the LH. Watch for resolution.
📊 DECISION TABLE
| Level | What It Is | Action |
| 720 | Extended bull target | Requires 715 break and hold |
| 715 | B2 / MAMA BULL (+24M) 🐂 | Next major upside magnet — 4.25 pts above |
| 712 | B3 / BABY BULL (+15.1M) 🐂 | OI 16.7M zone — 1.25 pts above |
| 710.75 | ☕ WE ARE HERE | — |
| 710.39 | 5m LH — KEY LEVEL | Above = HH (structure flips bullish). Below = bearish confirmed |
| 710 | B1 / DADDY BULL (+31.9M) 🐂 | THE MAGNET — biggest positive exposure, right at price |
| 708.99 | 5m LL — Structure Target | Break below = deeper bearish flush |
| 708 | OI 13.5M zone | Transition level |
| 705 | OI 14.4M zone | Major support cluster |
| 702 | OI 11.1M zone | Support |
| 701 | OI 13.5M zone | Support cluster |
| 700 | OI 20.3M zone | Deep support — major round number |
| 699 | S3 / BABY BEAR (-2.9M) 🧸 | First negative strike |
| 696 | S1 / DADDY BEAR (-5.8M) 👹 | Biggest negative — 15 pts below |
| 695 | 💊 MAX PAIN | MM gravity — 15.75 pts below |
| 692.5 | 🟠 FLIP | Price ABOVE — bulls confirmed. Break below = lose confirmation |
| 690 | S2 / MAMA BEAR (-4.4M) 🐻 | Negative exposure — 21 pts below |
⚠️ LEVELS = YOUR EDGE
No levels = No trade.
These levels MUST be read with:
- ☕ Morning PRE-MARKET briefing
- 🧭 Structure (HH/HL or LH/LL)
- 📊 All 6 structure points
Levels alone don’t tell you to buy or sell. They tell you WHERE to watch.
☕ Also read the PRE-MARKET update in your VIP room.
⚖️ DISCLAIMER – READ FIRST
This is not investment advisory. I’m not calling trades. I’m teaching you to think. These levels are NOT buy/sell signals. Trading involves substantial risk of loss. If you can’t afford to lose, don’t trade. No guarantees. Full disclaimer at bottom.
📋 To Be Fair to All:
- Do not post your trades publicly — only share with Gary or Q confidentially.
- The levels are key levels, but price can always change — no one controls the market. No crystal ball. No guarantees.
- We will post the tape after the fact — to avoid any misunderstanding during live calls.
- IF you create a student zoom room and you are bringing in paid members you are supposed to take permission. IKIGAI, Q or G and our associates and undertakings are not liable in any manner whatsoever directly or indirectly. Please review your agreement.
- We will not cherry pick. You will see the good, the bad, and the ugly.
- We’ll continue doing weekly calls to help you maintain clarity with structure.
🚨 WHAT ARE Q LEVELS? (READ THIS OR LOSE MONEY)
Q Levels are NOT support and resistance.
Q Levels are strikes where Market Makers who are EXPOSED will HEDGE. When price reaches these levels, MM activity creates reactions — but that does NOT mean you enter a trade.
Q Levels are 1 of 6 structure points. You need ALL 6 to make a trade decision:
| # | Structure Point | What It Tells You |
| 1 | Q Levels (Exposure) | Where MMs are exposed and will hedge |
| 2 | Liquidity Zones | Where stops are sitting (LQ Green / LQ Red) |
| 3 | Market Structure | CHoCH, BOS, Higher Highs, Lower Lows |
| 4 | Volume | Is money flowing in or out? |
| 5 | Time | Opening range, power hour, lunch chop |
| 6 | POI Confluence | Do multiple points align? |
❌ Q Levels alone = You will lose money ✅ Q Levels + 5 other structure points = You have an edge
🚨 THE 5-MINUTE RULE
WRONG: “Price hits 710, I wait 5 minutes, then I enter.”
RIGHT: “Price hits 710, I watch if it HOLDS above/below for 5+ minutes while checking structure. If it holds AND structure confirms, THEN I look for an entry.”
The 5-minute hold is CONFIRMATION, not a green light.
⚙️ Q ALGO™ TIMEFRAME PRESSURE
| Line | Value | Color | Meaning |
| MM Flip | 692.5 | 🟠 Orange | Above = Bulls. Below = Bears. |
| MM Ceiling | 715 | 🔴 Red | Break + hold above = See structure for LONG |
| MM Floor | 705 | 🟢 Green | Break + hold below = See structure for SHORT |
📍 TODAY: Price at 710.75 = 18.25 pts ABOVE Flip = BULLS CONFIRMED
⚠️🟢 MM EXPOSURE CHART IS GREEN FROM 695 TO 725+. 5.4:1 bulls. Both #1 and #2 absolute OI strikes (710 and 715) are POSITIVE — bullish alignment. Daddy Bull at 710 (+31.9M) is RIGHT at price. Mama Bull at 715 (+24M) is the next magnet. Baby Bull at 712 (+15.1M) is just above. Bears are tiny — biggest is just -5.8M at 696. BUT — 5 min structure is BEARISH (LH 710.39 / LL 708.99) for the second straight session. Price is above the LH again. Structure must resolve — watch the LH at 710.39 and LL at 708.99.
📊 YOUR LEVELS
SPY TradingView String (Copy & Paste):
712,715,710,710.75,695,692.5,699,690,696,710
SPX TradingView String (Copy & Paste):
7120,7150,7100,7107.5,6950,6925,6990,6900,6960,7100
Options Flow (Strike, Calls, Puts):
715, 7.1K, 0
712, 3.3K, 0
710, 6.5K, 0.2K
708, 3K, 0
705, 4.5K, 0
702, 5.1K, 0
701, 2.8K, 4.2K
700, 8.1K, 4K
699, 0, 5.3K
696, 1.4K, 7K
690, 0, 13.7K
🎯 THE THREE BEARS / THREE BULLS
THE THREE BULLS (LONG LEVELS):
| Bull | Strike | MM Exposure |
| B1 = DADDY | 710 | +31.9M 🐂 |
| B2 = MAMA | 715 | +24M 🐂 |
| B3 = BABY | 712 | +15.1M 🐂 |
THE THREE BEARS (SHORT LEVELS):
| Bear | Strike | MM Exposure |
| S1 = DADDY | 696 | -5.8M 👹 |
| S2 = MAMA | 690 | -4.4M 🐻 |
| S3 = BABY | 699 | -2.9M 🧸 |
🟢 BULLS DOMINATE. +71M bulls vs -13.1M bears. Ratio = 5.4:1 bulls.
☕ RANGE ZONE
| Zone | Why |
| 710 – 715 | Price is between Daddy Bull (+31.9M) and Mama Bull (+24M). Both #1 and #2 absolute OI strikes are positive — bullish alignment. Price between #1 and #2 = strong trend harder to form. 710 is right at price. 715 is the next magnet 4.25 pts above. Baby Bull at 712 (+15.1M) is just 1.25 pts above — stepping stone. Below 710 = structure bearish read confirmed, test 708/705. Above 715 = full extension. 5 min structure is BEARISH (LH + LL) for the second session — but price keeps opening ABOVE the LH. The conflict continues. |
🔥 MONDAY FACTOR
| Friday (Apr 17) | Monday (Apr 20) |
| 702.22 | 710.75 (+8.53 pts) — ANOTHER BIG MOVE |
| ABOVE FLIP ✅ | ABOVE FLIP ✅ (continuing) |
| 23.6:1 bulls | 5.4:1 bulls — ratio DROPPED significantly |
| Daddy Bull 700 (+247.4M) | Daddy Bull 710 (+31.9M) — moved UP 10 pts, much smaller exposure |
| Flip 689.56 | Flip 692.5 (moved UP 2.94 pts) |
| Max Pain 678 | Max Pain 695 (moved UP 17 pts!) |
| 5m BEARISH (LH 701.53 / LL 699.47) | 5m BEARISH (LH 710.39 / LL 708.99) — still bearish |
SPY ripped another 8.53 pts from Friday’s 702.22 to 710.75. That’s 30+ pts in 8 sessions since we started at 680. Daddy Bull moved from 700 to 710 but exposure dropped from +247.4M to +31.9M — the monster wall is gone, replaced by a smaller magnet. Bull ratio dropped from 23.6:1 to 5.4:1 — still bullish but MUCH less dominant. Max Pain jumped massively from 678 to 695 — up 17 pts, now only 15.75 pts below price vs 24 pts on Friday. Flip moved up from 689.56 to 692.5. Structure remains bearish for the second session — LH + LL — but price keeps opening above the LH. The conflict continues. Key difference from Friday: exposure is less extreme. Bears still tiny, but the overwhelming force is fading. Be careful chasing.
🎯 WE DON’T TRADE EMOTIONS — WE LOOK FOR CLUES
The Q ALGO™ Checklist:
| Step | What We Check |
| 1 | LEVELS (from newsletter) |
| 2 | 15-Min chart |
| 3 | 5-Min chart |
| 4 | 1-Min chart |
| 5 | BANDS |
| 6 | River |
| 7 | Volume Line (Fair Value) |
| 8 | Candle for Entry |
| 9 | Flip Line |
| 10 | Trend Context (Trend Engine) |
| 11 | Pivots |
| 12 | LQ Areas |
| 13 | Entry Candle |
| 14 | Flow |
| 15 | VSA + QVDD |
Not all checklist items need to align = build your edge based on your own edge.
⚖️ 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 ☕🐂
That’s why we use Q ALGO… and for everything else, there’s Mastercard. 💳😎
— Q ☕