☕ SPY ZERO DTE April 27, 2026 EDGE News – VIP LEVELS
🌙 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
CLASS PREFACTS
Post Trade Analysis by KAMI John & David.
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.
A school prefect is a senior student appointed to a leadership role to maintain discipline, act as a role model, and assist staff with school operations.
✈️ 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
Break above 720 Daddy Bull
Biggest positive magnet (+22.3M)
Momentum continuation toward 725
Hold 710–720
Price BETWEEN #1 and #2 — strong trend harder
Choppy grind, play the edges
Break below 710
#1 absolute strike breaks — battleground lost
Flush toward 708/705
Break below 705 Daddy Bear
Bears take control (-13.5M)
Path opens to 700/695
📌 Friends, Traders, and Newbies…
Lend me your eyes! THE FLIP IS RECLAIMED. SPY at 714.01 — up 5.24 pts from Friday’s 708.77 close. The Flip is at 708.21 — price is 5.8 pts ABOVE it. Friday was the first time we traded below the Flip in this series. Monday? We bounced right back above it. The bears that showed up Friday with -301.7M of combined exposure? They EVAPORATED. The biggest bear is now 705 at just -13.5M — compared to Friday’s -114.7M Daddy Bear at 700. The #1 absolute OI strike is 710 (28.6M) — it’s a BATTLEGROUND with massive positioning on both sides (Call OI 4.4K / Put OI 4.8K). Net exposure at 710 is essentially flat. The #2 strike is 720 (23.6M) — strongly positive at +22.3M. Price is BETWEEN #1 and #2 at 714 — that means a strong trend is harder to form, but the pull is UPWARD toward 720 because #2 is the positive magnet. Bulls lead 1.47:1 — moderate, not extreme. The chart above 710 is ALL GREEN — a positive exposure wall from 711 to 730. Below 705, it turns red. Max Pain moved UP from 701 to 706. The structure is digesting the overnight squeeze. Not bearish yet.
👇 Below 710 → Battleground lost — path to 708/705 opens
💡 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 = 706 — that’s 8.01 pts BELOW current price
Translation: Max Pain JUMPED from 701 to 706 — it moved UP 5 pts. On Friday, Max Pain was sitting inside the mega bear cluster at 700/701/703. Now it’s at 706, above the bear zone. That’s less bearish. But 706 is still 8 pts below price at 714. If price stalls and gravity kicks in during the afternoon, the pull is still DOWN. The Flip at 708.21 is 2.21 pts above Max Pain — so Max Pain pull would bring price toward the Flip, not below it. That’s the difference from Friday. The cushion is back.
🧭 STRUCTURE CHECK — 5 Min
5 Min Structure:
HH: 714.47 (Structure Target)
HL: 712.95 (KEY LEVEL — break below = LL)
Status: 🟢 BULLISH — HH + HL CONFIRMED
Structure is BULLISH on 5 min. HH at 714.47 is the structure target — price needs to break above it to extend. HL at 712.95 is the KEY LEVEL — break below turns that into a Lower Low and structure flips. Price at 714.01 is just below the HH at 714.47. The HL at 712.95 is only 1.06 pts below price — tight but holding.
Q’s Read: This is NOT bearish yet. This is a bullish structure digesting an overnight squeeze.
Q ALGO™ Status:
Price is ABOVE THE FLIP at 708.21 = BULLS CONFIRMED 🟢
Price at 714.01 is 5.8 pts above the Flip — cushion restored
THE READ: Exposure AND structure AGREE for the first time since Thursday. Flip reclaimed, structure bullish, chart green above 710. The HH at 714.47 is the immediate target — break above extends the move toward 717/720. The HL at 712.95 is the floor — lose it and structure shifts. Play the edges: 712.95 support, 714.47 breakout, 720 magnet.
📊 DECISION TABLE
Level
What It Is
Action
725
B2 / MAMA BULL (+8.9M) 🐂
Extended target above 720
720
B1 / DADDY BULL (+22.3M) 🐂
#2 absolute strike — BIGGEST positive magnet
717
B3 / BABY BULL (+8.1M) 🐂
Stepping stone toward 720
715
OI 14M zone
Call OI 2.8K / Put OI 0.8K — bullish positioning
714.47
5m HH (Structure Target) 🔑
Break above = structure extends toward 717/720
714.01
☕ WE ARE HERE
—
712.95
5m HL (KEY LEVEL) 🔑
Break below = LL = structure FLIPS
711
OI 16.4M zone
Transition zone above 710
710
#1 absolute strike (28.6M) ⚔️
BATTLEGROUND — Call OI 4.4K / Put OI 4.8K — near flat
709
OI 19.9M zone
Below battleground
708.21
🟠 FLIP
Above = bulls confirmed. Below = bears take over
708
OI 16.8M zone
First level below Flip
706
💊 MAX PAIN
MM gravity target
705
S1 / DADDY BEAR (-13.5M) 👹
Biggest negative — break below = bears confirmed
700
S2 / MAMA BEAR (-8.8M) 🐻
Second negative level
695
S3 / BABY BEAR (-4.5M) 🧸
Deep bear target
⚠️ 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.
🟢 CHART IS GREEN ABOVE 710. The entire exposure chart from 711 to 730+ is positive — a green wall. 720 is the Daddy Bull at +22.3M, the biggest single positive magnet. 710 is the battleground — massive absolute OI (28.6M) but net exposure is essentially flat because both calls and puts are stacked there. Below 705, the chart turns red but the bear exposure is modest — Daddy Bear at 705 is only -13.5M. Compare that to Friday’s -114.7M. The bears evaporated. Price at 714 sits in the green zone with 5.8 pts of Flip cushion. The pull is upward toward 720. But price between #1 (710) and #2 (720) = choppy zone. Play the edges.
🟢 BULLS DOMINATE. +39.3M bulls vs -26.8M bears. Ratio = 1.47:1 bulls.
☕ RANGE ZONE
Zone
Why
710 – 720
Price at 714.01 is between the #1 absolute strike (710 at 28.6M) and #2 absolute strike (720 at 23.6M). #1 is essentially neutral (massive positioning on both sides), #2 is strongly positive (+22.3M). This means a strong trend is harder to form in this zone — expect chop and grinding. The PULL is upward toward 720 because #2 is the positive magnet. Below 710, the battleground breaks and 708/705 become targets. Above 720, the Daddy Bull (+22.3M) activates and positive exposure expansion fuels continuation toward 725. The Flip at 708.21 provides a 5.8 pt cushion below — bulls have breathing room. Max Pain at 706 is 8 pts below price — afternoon gravity could slow the rally but the Flip sits between price and Max Pain, acting as a buffer. Play the edges of this range: 710 support, 720 breakout. Don’t force trades in the middle.
🔥 MONDAY FACTOR
Friday (Apr 24)
Monday (Apr 27)
708.77
714.01 (+5.24 pts)
BELOW FLIP ❌ (-1.18 pts)
ABOVE FLIP ✅ (+5.8 pts) — RECLAIMED
3.84:1 BEARS
1.47:1 BULLS — FLIPPED BACK
Daddy Bear 700 (-114.7M)
Daddy Bear 705 (-13.5M) — 8.5x SMALLER
Bear exposure: -301.7M
Bear exposure: -26.8M — COLLAPSED 91%
Flip 709.95
Flip 708.21 (dropped -1.74)
Max Pain 701
Max Pain 706 (moved UP 5 pts)
#1 neg (-114.7M), #2 pos = NO alignment
#1 neutral (battleground), #2 positive (+22.3M)
Mega bear cluster 700/701/703
Bear cluster GONE — replaced by modest -13.5M at 705
5m SHIFTING (LH 708.91 / HL 706.74)
5m BULLISH (HH 714.47 / HL 712.95) 🟢
Friday was the scare. Monday is the response. The bears that showed up with -301.7M of combined exposure on Friday? They COLLAPSED by 91% — from -301.7M to -26.8M. The Daddy Bear shrank from -114.7M to -13.5M. The mega cluster at 700/701/703 is gone. Price bounced 5.24 pts and reclaimed the Flip with 5.8 pts of cushion. Max Pain moved UP from 701 to 706 — less downside gravity. Bulls lead 1.47:1 — moderate, not a monster ratio like the 14:1 and 23.6:1 we saw early in the series. But the chart is green above 710 and the pull is toward 720. This is a recovery, not a rocket. The overnight squeeze needs to digest. Structure needs to confirm at the open. Don’t chase — let 710 hold and 720 come to you.
🎯 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.
DAVID’S CORNER — Print This Page
TACTICAL LEVELS
Level
What It Is
Action
Pre-Market Notes
725
B2 / MAMA BULL (+8.9M)
Extended target above 720
720
B1 / DADDY BULL (+22.3M)
#2 absolute strike — BIGGEST positive magnet
717
B3 / BABY BULL (+8.1M)
Stepping stone toward 720
715
OI 14M zone
Call OI 2.8K / Put OI 0.8K — bullish positioning
714.47
5m HH (Structure Target)
Break above = structure extends toward 717/720
714.01
WE ARE HERE
—
712.95
5m HL (KEY LEVEL)
Break below = LL = structure FLIPS
711
OI 16.4M zone
Transition zone above 710
710
#1 absolute strike (28.6M)
BATTLEGROUND — Call OI 4.4K / Put OI 4.8K — near flat
709
OI 19.9M zone
Below battleground
708.21
FLIP
Above = bulls confirmed. Below = bears take over
708
OI 16.8M zone
First level below Flip
706
MAX PAIN
MM gravity target
705
S1 / DADDY BEAR (-13.5M)
Biggest negative — break below = bears confirmed
700
S2 / MAMA BEAR (-8.8M)
Second negative level
695
S3 / BABY BEAR (-4.5M)
Deep bear target
⚖️ 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. 💳😎
