🎆 WELCOME TO 2026 – FIRST TRADING DAY! 🎆

📊 FLIP ZONE GUIDE:

• FLIP at XXXX 🔒 VIP Members: Get your complete levels from Community Admin
• Above Flip = Bullish territory (calls have edge)
• Below Flip = Bearish territory (puts have edge)
• Current: 682.0 = We’re BELOW flip (bearish bias)

Good morning, traders!

SPY closed at 682.0 (Dec 31) – starting 2026 in bearish territory BELOW the flip, sitting underneath the biggest put wall we’ve seen at 684 with 420.4M positioning and a massive 60.7K put OI concentration.

KEY LEVELS TO STUDY

🟢 RESISTANCE ZONES TO WATCH:

• 690 – Upper ceiling
• 687 – P1 (major resistance – 266.7M)
• XXXX – FLIP ZONE (critical pivot) 🔒
• 684 – Max Pain / N1 (MASSIVE 420.4M positioning, -385.5M puts!)

📍 CURRENT PRICE: 682.0

🔴 SUPPORT ZONES TO WATCH:

• 680 – First support
• 678 – P2 (strong floor – 162.5M)
• 672 – N2 (heavy puts – 61.2K OI)

💡 EDUCATIONAL SETUP ANALYSIS

🎯 THE 2026 OPENING STRUCTURE:

We’re starting the new year in an interesting educational setup. Price is sitting at 682.0 – BELOW the flip, which creates a bearish directional bias.

The Critical Level: 684 (Max Pain) has the LARGEST positioning we’ve seen with 420.4M absolute. But here’s what makes it fascinating:

• 60.7K put OI (-385.5M negative)
• This is a MASSIVE put wall acting as resistance
• Max Pain typically creates magnetism, but the puts suggest strong downside protection

Bearish Scenario (What to observe): Price is below flip in bearish territory. The 684-685 zone creates dual resistance (Max Pain + Flip zone). Watch how price reacts if it tries to push toward these levels. Can it break through 684’s massive put wall?

Bullish Scenario (What to watch for): If price can break and hold ABOVE the flip zone, we move into bullish territory. But notice the structure – you’d need to clear BOTH 684 (420M) AND the flip. That’s a heavy lift.

The Key Question: Will Max Pain at 684 pull price up from 682? Or will the massive put wall keep us suppressed below flip?

Study Range: 680-685 (below flip zone)

📚 BRINGING FORWARD LESSONS FROM 2025

Year-End Recap Worth Remembering:

Last week we saw the Q Levels + IKIGAI framework deliver consistently:

• Dec 29: Smart money distribution warning ✅
• Dec 30: Called 688-689 put walls ✅
• Dec 31: Called 685 critical support – broke and dropped 5 points ✅

Starting 2026 with the same framework:

• Q Levels show structure (684, flip zone, 687)
• Flip zone shows directional bias (below = bearish)
• Massive positioning shows where decisions happen

🚀 2026 STARTS HERE

Fresh year, same educational approach:

• Study the levels, don’t predict them
• Respect the flip zone for directional bias
• Watch how price reacts at major positioning
• Use IKIGAI Master QZ Structure for institutional flow

The 684-685 zone is worth close study today. Massive puts overhead. Max Pain creating pull. Flip zone just above. This is where structure meets reality.

🔒 VIP MEMBERS: Get complete Q Levels with exact flip values from your Community Admin.

EDUCATIONAL REMINDER: Focus on understanding market structure, not predicting direction. The levels show you WHERE – you decide WHEN and IF.

⚖️ FULL DISCLOSURE

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 participating in this program, you acknowledge that 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
🎆 Study the levels, think for yourself! ☕📚

Happy New Year 2026! Let’s learn together! 🚀