📋 EXECUTIVE DASHBOARD — SPY Tue Aug 11, 2026
| Snapshot |
Value |
Read |
| Spot |
772.35 |
Basing under the 775 target |
| Max Pain |
769 |
Magnet just below |
| Flip |
759.85 |
Spot well above the Flip → positive/supported regime |
| #1 Absolute |
770 |
Net −3.4M — the hinge just below spot |
LEVEL LADDER (high → low):
| Dir |
Level |
Role |
| 🟢 ▲ |
777 / 776 |
Positive pins |
| 🟢 ▲ |
775 |
Daddy Bull (+13.1M) — pin/target (= HH 775.05) |
| 🟢 |
773 |
Mild positive at/above spot |
| ☕ |
772.35 |
WE ARE HERE (spot) |
| 🟡 ◆ |
772 / 771 |
High-absolute pin/battle (calls ≈ puts) |
| 🟡 ◆ |
770 |
#1 Absolute — net −3.4M hinge |
| 🔴 ▼ |
769 |
Max Pain + put wall |
| 🔴 ▼ |
767 / 765 |
Negative shelf — 767 = Daddy Bear (−10.5M) |
THE THREE PATHS:
| Path |
Trigger → Target |
| 🟢 Bullish |
Hold HL 771.62 / P 772.24 → 773.89 → 775 target |
| ⚪ Neutral |
Chop 770–775 (huge two-way volume cluster) |
| 🔴 Bearish |
Lose 771.62 (→ LL) / 769 → 767 shelf |
REMEMBER 15/15 /1 NEEDS TO BE ALL BULLISH OR BEARISH.
WHEN 1 MIRROR BREAKS YOU HAVE NO STRUCTURE
⚡ OPENING NOTE
SPY Spot: 772.35 · Max Pain: 769 · Flip: 759.85.
📊 TV VALUES
SPY String — paste into QZ ALGO Daily Magnets:
776,777,775,772.35,769,759.85,769,765,767,770
SPX String:
7760,7770,7750,7723.5,7690,7598.5,7690,7650,7670,7700
Options Flow — VOLUME (Strike, Calls, Puts):
773, 95K, 117K
771, 8K, 55K
770, 9K, 74K
769, 2K, 44K
Options Flow — OPEN INTEREST (Strike, Calls, Puts):
773, 3K, 3K
771, 3K, 2K
770, 4K, 4K
769, 1K, 2K
🌡️ QZ TEMPERATURE
🌡️ SPY — Level then COLOR (Sign):
770 BLUE (Plus)
772 BLUE (Plus)
769 BLUE (Plus)
767 BLUE (Plus)
765 BLUE (Plus)
773 GREEN (Plus)
771 GREEN (Plus)
775 GREEN (Plus)
777 GREEN (Plus)
776 GREEN (Plus)
🧭 STRUCTURE CHECK
Market Structure (5 Min):
| Structure |
Level |
Status |
| HH (Higher High) |
775.05 |
Structure target |
| HL (Higher Low) |
771.62 |
Key level — break below = LL |
| Current |
~772.9 |
Basing above the HL |
📊 DECISION TABLE
| Level |
What It Is |
Action |
| 777 |
Mama Bull (+7.3M) |
Upside pin |
| 776 |
Baby Bull (+5.1M) |
Pin |
| 775 |
🎯 Daddy Bull (+13.1M) + Abs #5 |
Pin/target (HH 775.05) |
| 774 |
Abs #7 (13.1M) — net small |
Battle |
| 773 |
Abs #2 (41.6M) — net +2.6M |
Heavy-volume battle |
| 772.35 |
☕ WE ARE HERE (Spot) |
— |
| 772 |
Abs #4 (26.3M) — net ~flat |
Pin/battle |
| 771 |
Abs #3 (36.5M) — net +2.9M |
Pin/battle (HL 771.62) |
| 770 |
🎯 #1 Abs (49.1M) — net −3.4M |
The hinge |
| 769 |
🔵 MAX PAIN + Bear (−6.2M) — put wall |
Magnet/support |
| 767 |
👹 Daddy Bear (−10.5M) + Abs #6 |
Shelf below |
| 765 |
Bear (−6.2M) |
Deeper shelf |
| 759.85 |
🟠 FLIP |
Regime gate (far below) |
🎯 THREE BEARS / THREE BULLS (by MM Exposure size)
THE THREE BULLS (Positive):
| Bull |
Strike |
MM Exposure |
OI |
Volume |
| B1 = DADDY |
775 |
+13.1M |
3.7K |
111.0K |
| B2 = MAMA |
777 |
+7.3M |
2.8K |
46.9K |
| B3 = BABY |
776 |
+5.1M |
1.9K |
55.8K |
B1 (775) lines up with the structure target HH 775.05 — the upside pin.
THE THREE BEARS (Negative):
| Bear |
Strike |
MM Exposure |
OI |
Volume |
| S1 = DADDY |
767 |
−10.5M |
5.9K |
33.4K |
| S2 = MAMA |
765 |
−6.2M |
4.1K |
49.1K |
| S3 = BABY |
769 |
−6.2M |
2.6K |
45.8K |
⚪ Balanced board, slight bull. Bulls 25.5M vs Bears 22.9M ≈ 1.11:1. Neither side is heavy — the story today is the tight 770–775 Absolute cluster (pin/chop), not a directional wall. Max Pain 769 and S3 share the strike — the put-wall magnet just below.
☕ RANGE ZONE
| Zone |
Why |
| 770 — 775 |
Spot pins inside the densest Absolute cluster on the board (top-5 Abs all here). A strong trend is hard to build inside the band — expect chop with heavy two-way volume; the edges (775 up, 770/769 down) are where it resolves. |
🎯 Q ALGO™ CHECKLIST — WE DON’T TRADE EMOTIONS, WE LOOK FOR CLUES
| Step |
What We Check |
| 1 |
LEVELS (from this 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 |
No Structure = No Trade. Not all checklist items need to align — build your edge based on your own edge. Balanced pin/chop day: expect churn in the 770–775 cluster, wait for the 775 break up or the 771.62 loss down.
⚖️ 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. Errors and omissions excepted.
— Q Levels Trading | Coffee With Q ☕
