☕ SPY ZERO DTE May 26, 2026 EDGE News – VIP LEVELS 🐂

🧠 Q’s OBSERVATION — THE HL TEST DECIDES THE WEEK’S OPENING TONE

Pilots, welcome back from Memorial Day. We open Tuesday at spot 743.73 with a setup that’s lighter on both sides than Friday but sharper on the structure.

Here’s what the board is telling us:

1. Structure was bullish — but spot has slipped below HL. The 5m frame shows HH 748.94 and HL 746.83 — those are the two confirmed swing points. But spot 743.73 sits 3.10 pts BELOW HL 746.83. That means we’re in structure-test mode — bulls need to reclaim 746.83 to maintain the HH+HL bull tape. If they can’t, the next swing low forms a LL below and structure FLIPS bearish.
2. Both clusters collapsed vs Friday — this is a lighter, cleaner board. Bull cluster reset from +281.6M → +65.3M (-77%). Bear cluster collapsed from -80.8M → -38.3M (-53%). Bull ratio settled to 1.71:1 — moderate lean, no mega-magnet dominance. Translation: the holiday weekend rinsed both sides. We open with a more balanced board where structure carries more weight than cluster size.
3. Daddy Bull at 745 (+25.2M) is +1.27 above spot — close magnet but it sits UNDER the HL. That makes 745 a “test magnet” — price can pull UP to 745, but it still has to clear the HL 746.83 to confirm bull continuation. If 745 magnet pulls price and gets capped at HL = double-rejection → drop. If 745 magnet pulls price and HL gives way = bulls extend to HH 748.94 → 750 Mama.
4. Max Pain dropped from 734 → 739 — that’s a +5 pt LIFT in the pin. Friday’s pin was 734 (deep). Today’s pin is 739 (-4.73 below spot). Bears can’t pull as hard this week unless something cracks — but they don’t need to. 739 is closer than 734, and the Daddy Bear at 735 (-20.9M) is the magnet sitting just below the pin. Stair down: 741.38 Flip → 740 friction → 739 Max Pain → 735 Daddy Bear.
5. 750 Mama Bull is the volume queen — 62.4K call volume. That’s enormous one-day call volume at a strike that’s +6.27 above spot. Speculators are positioning for a Tuesday rip OR MMs are loading premium expecting decay. Either way, 750 acts as the upside ceiling magnet if structure confirms bullish.

The Two Stories Today:

🐂 Bull Story: Reclaim HL 746.83 with a 5m hold = bull structure intact → 745 magnet absorbs, then 748.94 HH target → 750 Mama (62K calls = upside ceiling). The 746.93-747.96 Bear FVG cluster ABOVE will fade the first run — primary short-the-rip zone if the move gets exhausted at HH.

🐻 Bear Story: Fail to reclaim 746.83 + form a LL below (anywhere under 740 region) = structure flips bearish → Flip 741.38 cracks → 740 friction → 739 Max Pain pin → 735 Daddy Bear (-20.9M, 13.1K put OI = strong gravity well). The 736.26 Bear FVG sits as the deeper stair into 735.

This is a Tuesday after a long weekend — Monday’s tape didn’t happen, so the first 30 minutes are doing double duty: they’re reading the holiday gap AND establishing the week’s opening structure. Watch volume in the first 30 — light volume = chop in 740-746.83, heavy volume = direction confirmed.

Tuesday rules:

• ✅ Let the first 15-30 minutes establish — don’t anticipate
• ✅ The HL 746.83 reclaim or LL form below is THE trade — wait for the 5m hold
• ✅ Bull ratio 1.71:1 is moderate — don’t force long if structure says no
• ✅ Max Pain 739 is closer than Friday — gravity is real but not extreme
• ⚠️ Daddy Bull 745 sits UNDER HL — magnet alone isn’t enough, structure must confirm
• ⚠️ 750 Mama has 62K call volume — speculator zone, expect violent moves if it triggers

Trade the structure decision. Both sides loaded moderate — patience until 746.83 reclaim or LL form. — Q ☕

📊 YOUR LEVELS — ENTER FIRST

SPY TradingView String (Copy & Paste):

748.94,750,746.83,745,743.73,741.38,739,735,734,727

Enter in the QZ ALGO Magnets

SPX TradingView String (Copy & Paste):

7489.4,7500,7468.3,7450,7437.3,7413.8,7390,7350,7340,7270

Add in Seafire under Daily Magnets

Options Flow (SPY — Strike, Calls, Puts):

745, 17.3K, 0

750, 62.4K, 0

752, 15.5K, 0

744, 30.5K, 0

743, 37.5K, 0

740, 44.1K, 0

735, 0, 43.8K

734, 0, 6.4K

736, 0, 4.8K

727, 0, 13K

 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

📌 Friends, Traders, and Newbies…

Lend me your eyes! Friday closed at 742.99, we had Monday off for Memorial Day, and Tuesday opens with spot 743.73 (+0.74 over the weekend). Bulls and bears both lighter than Friday — bull cluster reset to +65.3M (vs Friday’s +281.6M), bear cluster collapsed to -38.3M (vs Friday’s -80.8M). Bull ratio settled to 1.71:1 — moderate lean. Structure was HH 748.94 + HL 746.83 bullish — but spot has slipped 3.10 pts below the HL. That’s a structure TEST zone. Reclaim 746.83 with 5m hold = bulls maintain. Form a LL below = bears take the week’s opening tone. Max Pain dropped from 734 → 739 (4.73 below spot) — closer pin, less extreme gravity than Friday.

SPY: 743.73 Spot | Max Pain: 739 | Flip: 741.38

👆 Reclaim 746.83 HL (5m hold) → 745 magnet → 748.94 HH → 750 Mama (62K call volume ceiling) — fade at 747-748 Bear FVG cluster

👇 Lose 741.38 Flip + form LL below → Drop through 740 → 739 Max Pain → 735 Daddy Bear (-20.9M, 13.1K put OI)

💡 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 = 739 (SPX 7390) — sitting 4.73 pts BELOW spot

Translation: Max Pain lifted from Friday’s 734 → 739 — bears couldn’t drag the pin lower over the weekend, so the gravity is less extreme. 739 sits between Flip 741.38 and Daddy Bear 735 — it’s a CLOSE pin. On a Tuesday (not Friday), the pull is gentler — MMs aren’t fighting as hard, but they’re still trimming. The 745 Daddy Bull magnet pulls UP. The 739 Max Pain pulls DOWN. Structure is the tiebreaker — reclaim HL 746.83 = bull magnet wins, lose Flip 741.38 = Max Pain pin wins. Tuesday tape gives the structure 30-60 minutes to declare.

🧭 STRUCTURE CHECK — Tuesday Open

5 Min Structure (HH + HL CONFIRMED — but spot below HL = TEST mode):

Q ALGO™ Status: HH + HL = 🟢 BULLISH structure — BUT spot below HL = 🟡 STRUCTURE TEST (reclaim or flip)

What this means: Last week’s bounce ran up to 748.94 (HH) and pulled back to 746.83 (HL) — those are the confirmed swing points showing a bullish HH+HL structure. But Tuesday opens with spot at 743.73 — that’s already 3.10 pts BELOW the HL. The bulls have to reclaim 746.83 quickly to defend the structure. If they can’t — and price makes a new swing low below 740 — that becomes a LL, which would flip the structure to LH+LL bearish. The reclaim or the LL form is the trade trigger.

Unfilled Fair Value Gaps (FVG) — All Bear FVGs visible (heavy supply zones):

🔴 Bear FVGs ABOVE price (fade zone — supply/resistance):

• 15m 746.93 — bottom of upper Bear FVG stack (right at HL zone)
• 5m 747.11 — paired confluence
• 5m 747.72 — middle of stack
• 15m 747.80 — heavy 15m confluence
• 5m 747.96 — top of Bear FVG stack
• (All five sit between Daddy Bull 745 and Mama Bull 750 — fade cluster if rip clears HL)

🔴 Bear FVGs BELOW price (pull-through targets):

• 5m 743.16 — just below spot, first stair down
• 5m 743.00 — paired confluence
• 5m 742.98 — tight cluster right under spot
• 5m 741.04 — at Flip zone (very critical)
• 5m 739.29 — at Max Pain — heavy confluence
• 5m 738.93 — below Max Pain stair
• 5m 736.26 — into Mama Bear / approaching Daddy Bear 735

Q ALGO™ Status:

• Price below HL 746.83 by 3.10 pts = 🟡 STRUCTURE TEST (must reclaim)
• Price above Flip 741.38 by 2.35 pts = 🟢 MM DAMPENING REGIME (bulls absorbed for now)
• Price above Max Pain 739 by 4.73 pts = 🟢 above pin (no gravity activated yet)
• Heaviest magnet (745, 32.9M Abs) is BULLISH = upside magnet under HL
• Second heaviest (750, 32M Abs) is BULLISH = upside ceiling magnet
• Daddy Bear 735 (-20.9M, 24M Abs) = strong downside pole with 13.1K put OI
• Bull ratio 1.71:1 = moderate bull lean — not dominant
• Max Pain 739 at -4.73 pts = moderate pin gravity (lighter than Friday’s -8.99)

THE READ: Tuesday post-holiday open. The board reset both sides — neither cluster has Friday’s monster size. Structure is the dominant factor. HH+HL was bullish, but spot has slipped below HL — that’s a TEST. The 745 Daddy Bull magnet is +1.27 above spot but it sits UNDER the HL — pull to 745 is possible, but bulls still have to clear HL 746.83 to maintain structure. If they can’t, the day forms a LL below current spot and the week opens bearish. Bears have the Max Pain 739 pin and the Daddy Bear 735 (-20.9M, 13.1K put OI) as their gravity well. Reclaim or flip — that’s the day.

🚨 BULL/BEAR RELOAD TRACKER — RECENT CLUSTER STRENGTH

Note: The Memorial Day weekend reset BOTH clusters hard. Bulls collapsed -77% (281.6M → 65.3M), bears collapsed -53% (80.8M → 38.3M). The 1.71:1 ratio is the most moderate of the past 10 sessions — not extreme. Translation: without monster cluster dominance, the structure decision at HL 746.83 carries more weight than usual. Daddy Bull 745 is back to a more normal size (+25.2M, not Friday’s +210.4M). Daddy Bear shifted from 738 to 735 — bears reloaded LOWER, closer to Max Pain 739.

📊 DECISION TABLE

⚠️ LEVELS = YOUR EDGE

No levels = No trade.

These levels MUST be read with:

• ☕ Morning PRE-MARKET briefing
• 🧭 Structure (HH/HL — test mode under HL)
• 📊 All 6 structure points
• 🧠 Cycle stage — Structure test post-holiday with moderate clusters; reclaim or flip

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:

1. Do not post your trades publicly — only share with Gary or Q confidentially.
2. The levels are key levels, but price can always change — no one controls the market. No crystal ball. No guarantees.
3. We will post the tape after the fact — to avoid any misunderstanding during live calls.
4. 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.
5. We will not cherry pick. You will see the good, the bad, and the ugly.
6. 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:

❌ Q Levels alone = You will lose money ✅ Q Levels + 5 other structure points = You have an edge

🚨 THE 5-MINUTE RULE

WRONG: “Price hits 746.83, I wait 5 minutes, then I enter.”

RIGHT: “Price hits 746.83, 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

📍 TODAY: Price at 743.73 = 3.10 below HL, 2.35 above Flip, 4.73 above Max Pain = ⚖️ STRUCTURE TEST ZONE

⚖️ POST-HOLIDAY STRUCTURE TEST. Tuesday opens with both clusters reset moderate (Bull +65.3M, Bear -38.3M, ratio 1.71:1). The HH+HL structure was bullish heading into Memorial Day — but spot has slipped 3.10 pts below the HL 746.83 over the weekend. Bulls have to RECLAIM that HL with a 5m hold to keep the structure intact. If they can’t and a new swing low forms below 740, the LL confirms bear flip. Daddy Bull 745 is +1.27 above spot — close test magnet sitting under the HL. Daddy Bear 735 is -8.73 below spot with 13.1K put OI — deep gravity well. Max Pain 739 is the pin between them. Trade the structure decision — reclaim or flip. Quick first-30-minute read sets the day’s tone.

🎯 THE THREE BEARS / THREE BULLS

THE THREE BULLS (LONG LEVELS):

THE THREE BEARS (SHORT LEVELS):

🐂 BULLS LEAN MODERATE — STRUCTURE IN TEST. +65.3M bulls vs -38.3M bears. Ratio = 1.71:1 bulls — modest lean, no monster dominance. Daddy Bull at 745 (+25.2M) is the closest magnet but sits UNDER the HL 746.83 — pull is possible, but structure still has to confirm. Daddy Bear at 735 (-20.9M, 13.1K put OI) is the dominant downside pole with Max Pain 739 sitting just above it. Mama Bull 750 (+23.8M) carries 62.4K call volume = speculator ceiling if structure clears HH. The HL test decides which side gets the day.

☕ RANGE ZONE

🔥 TUESDAY POST-HOLIDAY FACTOR

Tuesday opens after Memorial Day with both clusters RESET to moderate sizes — Bulls collapsed -77% (281.6M → 65.3M), bears collapsed -53% (80.8M → 38.3M). The 1.71:1 ratio is the most moderate reading of the past 10 sessions. Without monster cluster dominance, the structure decision carries more weight. HH 748.94 + HL 746.83 was the bullish setup heading into the weekend — but spot opens 3.10 pts below the HL. That puts us in TEST mode: reclaim 746.83 with 5m hold = bulls maintain structure → 745 magnet → 748.94 HH → 750 Mama (62K call volume ceiling). Fail and form a LL below the 740 region = structure flips bearish → 741.38 Flip cracks → 740 friction → 739 Max Pain → 735 Daddy Bear (-20.9M, 13.1K put OI). Max Pain LIFTED from 734 → 739 over the weekend — pin gravity is moderate (-4.73 pts) not extreme. First 30 minutes of Tuesday tape declare direction — let it confirm before committing.

THE FULL SERIES:

🎯 WE DON’T TRADE EMOTIONS — WE LOOK FOR CLUES

The Q ALGO™ Checklist:

Not all checklist items need to align = build your edge based on your own edge.

DAVID’S CORNER — Print This Page

TACTICAL LEVELS

📚 FVGs and Unfilled Gaps — In Plain English

A Fair Value Gap (FVG) is a spot on the chart where the market moved so fast it skipped a price zone — like a car driving past a gas station too fast to stop. Smart Money (the big players moving size) wanted that price level, but they didn’t get to fill all their orders before the move ran. So the market leaves an unfinished piece of business behind.

Unfilled FVGs are unfinished business. The market remembers. Price almost always comes back — sooner or later — to “fill” that gap, like Smart Money returning to the gas station they missed. Once the gap is filled, the market is even. Until then, the gap acts like a magnet pulling price back to it.

How to read today’s FVGs:

🔴 Bear FVGs ABOVE price (746.93 / 747.11 / 747.72 / 747.80 / 747.96): Created during the rally that ran up to 748.94 (HH) — Smart Money sellers didn’t get to sell all they wanted before the move topped. If price reclaims the HL 746.83 and runs toward the HH 748.94, this 5-FVG cluster acts as resistance — sellers come back to “fill” their unfinished sales. Translation: this is the fade zone if bulls confirm structure. Primary short-the-rip area if the bull move runs out of steam between 747-748. Stacked five-deep = heavy supply.

🔴 Bear FVGs BELOW price (743.16 / 743.00 / 742.98 / 741.04 / 739.29 / 738.93 / 736.26): Created during the recent selling waves and the pullback from HH to current spot. These are downside “stair” zones — if structure fails (no HL reclaim and a LL forms below), these become pull-through targets stacked on the way down. The tight cluster right under spot (743.16/743.00/742.98) is the first stair. The Flip confluence at 741.04 is the critical one. The Max Pain confluence at 739.29 reinforces the 739 pin. The 736.26 FVG is the deeper stair into Daddy Bear 735.

Tuesday structure rule: With moderate clusters (Bull +65.3M, Bear -38.3M, ratio 1.71:1), the structure decision at HL 746.83 carries MORE weight than usual. Reclaim 746.83 with 5m hold = bulls maintain → 745 magnet → 748.94 HH → fade at 747-748 cluster. Fail to reclaim + form LL below = bears take the week’s opening tone → Flip cracks → 740 → 739 Max Pain → 735 Daddy Bear (13.1K put OI gravity well). First 30 minutes of Tuesday tape declare direction — wait for confirmation, don’t anticipate.

⚖️ 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. Please trade responsibly and only risk capital you can afford to lose.

— Q Levels Trading | Coffee With Q ☕⚖️