
Good morning, traders!
Above 688 it stays strong and can expand; below 685 alignment weakens and below 680 downside opens
CRITICAL LEVELS:
- Above 690 = major bullish breakout
- Below 685 = bearish drop to 680
KEY LEVELS
🟢 RESISTANCE:
- 691 – Upper wall
- 690 – MAJOR ceiling (huge positioning)
📍 CURRENT: 688.48
🔴 SUPPORT:
- 688 – Critical support (massive positioning)
- 685 – Strong floor
- 683 – Flip zone (682.67)
- 680 – Max Pain / Heavy puts
💡 TODAY’S SETUP
We’re sitting right on 688 – one of the two biggest levels on the chart. The 690 ceiling is just 1.5 points above. This creates a tight 2-point battle zone.
Both 688 and 690 have massive positioning. Break and hold above 690 opens 691+. Lose 688 and we drop quickly to 685, then 680.
Range: 688-690 (tight 2-point battle)
NO BIAS – Check Q LEVELS and price action with the Q Algo
⚖️ DISCLAIMER
Educational purposes only. Not financial advice. Trading involves substantial risk of loss. All decisions are your own responsibility. Options trading is high risk and not suitable for all investors.
— Grandma Q | Coffee With Q
Trade safe! ☕🚀