🥞 Grandma’s Quote of the Day:
“When the skillet’s hot and the butter’s melting, you don’t flip the pancake — you let it cook a little longer. That’s how you get a clean breakout, sugar.”
🔍 SPX Snapshot at Open:
- Spot Price: 6693.75
- VIX: ~16 (Elevated but not extreme — watch for whips!)
- Max Pain: 6605
- OI-Driven Magnet: 6700 (Top Absolute GEX), with strong interest between 6680–6710
🔼 Upside Playbook:
| Direction | Trigger | Magnet Zone | Stretch Target |
| ⬆️ Long | Reclaim 6695–6700 | 6700 → 6710 | 6730+ (if FOMO ignites) |
Notes: Large call open interest stacked at 6700 and above. If SPX holds over 6700 with momentum, market makers may have to chase delta and lift higher.
🔽 Downside Playbook:
| Direction | Trigger | Magnet Zone | Stretch Target |
| ⬇️ Short | Lose 6675 | 6660 → 6640 | 6620 (if trend builds) |
Notes: Spot is above Max Pain (6605), meaning gravity could pull us back if demand fades. Watch gamma unwind if we dip under 6675.
🧠 Grandma’s Wisdom:
- 6700 is the battle zone. It’s both:
- The magnet (from OI and volume clusters),
- And the risk (if bulls fail to hold it).
- The magnet (from OI and volume clusters),
- 6605–6640 is the no-fly zone for bulls.
- Gamma exposure is light, meaning we’re not pinned — range expansion possible.
- Monday’s often trap traders. Let price confirm.
🎓 Summary Cheat Sheet:
| Level | Role | Notes |
| 6605 | Max Pain | Bearish anchor |
| 6640 | Support cluster | Risk line if we fade |
| 6675 | Pivot / Bias line | Below = caution |
| 6700 | Magnet / Trigger | Big fight here |
| 6710+ | Call party zone | Watch for chase if we break |
This content is for educational purposes only and should not be considered financial advice. Trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making any trading decisions. The author assumes no responsibility for any losses that may occur from following this information.