Dynamic Trend Gamma
Monday July 31st - SPY

Dynamic Trend Gamma Monday July 31st, 2023 - SPY Please note these Gamma Levels are calculated prior to the opening. The SPY traded between the two Gamma Levels of 456 and 458.
The Options Volume Sentiment for Calls and Puts was even throughout the day, indicating a directionless sideways trading.
 

Dynamic Trend Gamma
Friday July 28th - $SPX

Please note these Gamma Levels are calculated prior to the opening. The $SPX traded sharply into the 4590 Gamma Resistance level. After a retest, it sold off sharply to the very small Gamma Support level at 4565.
In both cases the Options Volume Sentiment switched to indicate direction, although the last switch to Calls from the 4565 level was not very prominent.
 

Dynamic Trend Gamma
Thursday July 27th - $SPX

Sorry to sound like a broken record player: The $SPX ran twice into the Largest Gamma Resistance level at 4600 and sold off to the Largest Gamma Support Level at 4525.
 
At the second test of 4600, the Options Volume Sentiment very clearly switched to the PUT side. In addition, the massive increase in Put Sentiment predicted a large sell off. Finally the $SPX traded to the Largest Gamma Support Level at 4525.
 

Dynamic Trend Gamma
Wednesday July 26th - SPY

With the Fed news coming out today, the $SPX traded without any main direction between the 4550 Gamma Support and a group of Gamma Cluster resistance near the 4575 level.
 
The directionless trading was further supported by an even Options Sentiment of Calls and Puts.
 

Dynamic Trend Gamma
Monday July 24th - SPY

The Market in general is trading sideways waiting for the Fed’s next move. In the meantime, the SPY traded between the Major Gamma Support at 453 and the Major Gamma Resistance at 455.

Dynamic Trend Gamma
Friday July 21st - SPY

The SPY traded in a narrow trading range between the Gamma Support Level at 452 and the Gamma Resistance level at 454.

Dynamic Trend Gamma
Thursday July 20th - $SPX

The $SPX traded between the 2 Gamma Levels at 4540 and 4560.

The first Low at the 4540 Gamma Level was identified with the Options Sentiment switching to Call.

At the rally Top, the $SPX tested the 4560 Gamma Level and sold off, again with the Options Sentiment switching to Puts.

Dynamic Trend Gamma
Wednesday July 19th - $SPX

The $SPX traded between the 2 Gamma Levels at 4560 and 4575.

 

The last rally to the close was clearly identifiable with the Options Sentiment switching to CALL.

Dynamic Trend Gamma
Tuesday July 18th - SPY

The $SPX had a very Large Gamma Resistance level at 4550 and the $SPX traded towards the 4550 level all day and exceeded it to test the next smaller Gamma Level at 4560.
 
Both rallies were confirmed with substantially increasing Call Sentiment, indicating there was substantial call buying driving the rallies.

Dynamic Trend Gamma
Monday July 17th - SPY

The SPY found support at the 449 Pink Gamma Support Level and rallied all day to the Large Gamma Cluster Blue Resistance Level at 452.

All throughout the rally, the Options Volume Sentiment stayed on the Call Side.

Dynamic Trend Gamma
Friday July 14th - TSLA

TSLA made a major rally to the 285 Gamma Level. The early stages of the rally was identified with the Options Volume Sentiment switching to Calls.

After testing the 285 Gamma Level, it followed the market and sold off, again the Options Volume Sentiment identified the top with the Switch to Puts.

Dynamic Trend Gamma
Friday July 14th - SPY

The SPY traded to the Gamma Level at 451 for the high of the day. Then sold off in 2 stages to the Large Pink Gamma Support Level at 449. On both declines, the Sentiment switched to Puts confirming the declines.

Dynamic Trend Gamma
Thursday July 13th - $SPX

The $SPX gapped open and traded to the Largest Gamma Level at 4500. After consolidating, the $SPX staged a follow-through rally to the next Gamma Level at 4515.

Today the Options Volume Sentiment was very useful in identifying the follow through rally.

Dynamic Trend Gamma
Thursday July 13th - MSTR

MSTR had huge rallies today, first to the Largest Gamma Level at 450 and then to the next Gamma Level at 460.

Both Rallies were identified by the Switch to Call Sentiment. The Options Volume Sentiment study is one of a kind and very powerful!!!

Dynamic Trend Gamma
Wednesday July 12th - $SPX

The $SPX gapped open and traded slightly above the Largest Gamma Level at 4475 and traded around that level for the rest of the day.

To be very honest, while some minor trades could have been identified with the Options Sentiment, overall, it did provide any significant help.

Dynamic Trend Gamma
Tuesday July 11th - $SPX

The $SPX had two rallies confirmed by Options Volume Sentiment Switch to Calls.

The $SPX traded to the Major Gamma Levels at 4430 and 4435.

Dynamic Trend Gamma
Monday July 10th - $SPX


The $SPX found support at 4390, the Major Gamma Support Level.

From there it staged a rally confirmed by increasing Call Sentiment.

A Switch to Call Sentiment identified and confirmed today’s low.

 

Dynamic Trend Gamma
Friday July 7th - SPY

The SPY found support at the 439 Gamma Level.
From there it staged a rally confirmed by increasing Call Sentiment. Followed by a complete reversal with Increasing Put Sentiment.

In both cases, the Switch to Call Sentiment and the Switch to Put Sentiment identified the low and high. This is a powerful tool to use.

 

Dynamic Trend Gamma
Thursday July 6th - SPY

The SPY gapped lower and found support near the Major Gamma Levels of 437 and 438.
 
From there it staged a rally confirmed by increasing Call Sentiment.

 

Dynamic Trend Gamma
Wednesday July 5th - $SPX

The $SPX Gapped lower, but managed to rally to Major 4450 Gamma Level.

 

Dynamic Trend Gamma
Friday June 30th - $SPX

The $SPX Gapped up and immediately traded up to the Very Large 4450 Gamma Level. Then went into a corrective mode, confirmed by even Call and Put Sentiment.

 

Once the corrective phase was over, the Call Sentiment soared indicating a strong rally in progress that took the $SPX towards the 2nd largest Gamma Level at 4460.

 

Dynamic Trend Gamma
Thursday June 29th - $SPX

There were two large Gamma Levels today, one at 4375 which caught the retracement low. The other one was at 4400, which caught the high of the day. Can it get any simpler?

 

Dynamic Trend Gamma
Wednesday June 28th - QQQ

Due to numerous requests, we are including the QQQ chart. Two Major Gamma Levels at 362 and 366 contained the high and low for the day.

 

The Option Volume Sentiment provided clues at the high for a sell off.

 

Dynamic Trend Gamma
Tuesday June 27th - $SPX

Once the $SPX traded past the 4350 Gamma support level, it was a continuous rally to the Very Strong/Large Blue Gamma Level at 4375/4380.

 

The Increase in Call Sentiment identified 2 potential Rallies in the direction of the trend.

Dynamic Trend Gamma
Monday June 26th - $SPX

The $SPX traded higher to the Small Gamma Level of 4360 Blue resistance, then sold off to the Large Pink Gamma Level Support at 4340

 

The Put Sentiment was strong most of the day, but was not one sided and was not too helpful today.

Dynamic Trend Gamma
Friday June 23rd - $SPX

The $SPX opened lower and found support near the 4350 Gamma Level. Then traded higher to the 4365 Gamma Level with increasing Call sentiment.

 

Right at the high, the Options Sentiment switched from Call side to Put side sentiment (marked with Pink Circles). Combining the Gamma Levels with the Options Volume sentiment gives an edge for 0DTE reversal trades.

Dynamic Trend Gamma
Thursday June 22nd - $SPX

The $SPX initially traded lower to the substantially Large Gamma Level at 4350 and found support. Then traded to the 4380 Gamma Resistance Level towards the close.

Dynamic Trend Gamma
Wednesday June 21st - SPY

The SPY traded between the 435 Gamma Level and the 437 Gamma Level. Increasing call sentiment confirmed the bounce off the 435 level.

Dynamic Trend Gamma
Tuesday June 20th - $SPX

The $SPX staged a decent rally after the initial sell off. The rally had confirming increase in Call Sentiment.

Dynamic Trend Gamma
Friday June 16th - SPY

The SPY Index opened near the 443 Gamma Level and bounced between all the Major Gamma Levels today. In the middle of the day, after testing the 442 Gamma Level, the Put Sentiment took over and the SPY Index sold off to the Negative (Pink) Gamma Level at 439

Dynamic Trend Gamma
Thursday June 15th - $SPX

The $SPX traded higher to the Gamma Levels at 4400 and then to 4425. These levels are calculated at the open. Flat Put sentiment with increasing Call Sentiment indicates the potential for strong rallies.

Dynamic Trend Gamma
Wednesday June 14th - $SPX

The $SPX traded to the Gamma Resistance level at 4390. The Sentiment switched to the Put side and caused a sell off to the Gamma Support level at 4350.

Dynamic Trend Gamma
Wednesday June 14th - NVDA

NVDA traded to the 420 Gamma Resistance with increasing Call Sentiment. The sideways action was a corrective phase as the Call and Put Sentiment were even.

 

This staged the 2nd Rally to the higher Gamma Levels at 430 with New increasing Call Sentiment.

Dynamic Trend Gamma
Tuesday June 13th - $SPX

The $SPX traded to the Gamma Resistance level at 4375 with confirming increase in Call Sentiment. Finally the Put Sentiment started to increase creating a small sell off the highs.

Dynamic Trend Gamma
Monday June 12th - $SPX

The $SPX traded higher to the 1st Gamma Resistance level at 4325 with confirming increase in Call Sentiment. The continued increase in Call Sentiment indicates the rally to continue to the next Gamma Level at 4350. Looks like the market ran out of time.

Dynamic Trend Gamma
Friday June 9th - $SPX

The $SPX traded higher to Gamma Resistance level at 4320. Right at the highs, the Put Sentiment turned negative and increased all throughout the sell off. This increasing Put Sentiment is a classic pattern seen during sell offs.

Dynamic Trend Gamma
Thursday June 8th - $SPX

The $SPX traded to the Very Large Gamma Resistance level at 4300 in 2 strong rally stages with high increasing Call Sentiment.

Dynamic Trend Gamma
Wednesday June 7th - $SPX

The $SPX traded to the Very Large Gamma Resistance level at 4300 and sold off sharply to the Gamma Support Levels. Increasing Put Sentiment was confirmed in both declines.

Dynamic Trend Gamma
Tuesday June 6th - SPY

The SPY traded to the 428 Gamma Level with confirming Call Sentiment. The rest of the day was sideways with one confirming rally with Call Sentiment.

Dynamic Trend Gamma
Monday June 5th - $SPX

The $SPX rallied to the Large Gamma Blue resistance at 4300 which was also a Speed Bump High. Then Sold off to the Speed Bump Low.

Dynamic Trend Gamma
Friday June 2nd - $SPX

The $SPX staged a strong rally past the 4260 Gamma Blue Resistance level with increasing call sentiment. The Call Sentiment was very strong all day and pushed the $SPX to the 4275 and 4290 Gamma Levels.

Dynamic Trend Gamma
Thursday June 1st - $SPX

The $SPX staged a strong rally past the 4200 Gamma Blue Resistance level with increasing call sentiment. The $SPX finally tested the large Blue Gamma clusters at the 4230 area.

Dynamic Trend Gamma
Wednesday May 31st - $SPX

The $SPX traded below the 4200 Gamma Resistance Level and finally found support at the Large 4165 Gamma Level.

Dynamic Trend Gamma
Tuesday May 30th - $SPX

The $SPX gapped open, but the only Gamma Level was a lower support Level at 4190. With the Put Sentiment increasing, the $SPX sold off to the 4190 level before bouncing back up from the 4190 Gamma Level.

Dynamic Trend Gamma
Friday May 26th - SPY

The SPY attempted strongly rallied to test the 420 Strong Gamma Level with Increasing Call Sentiment.

Dynamic Trend Gamma
Thursday May 25th - $SPX

The $SPX attempted to test the 4125 Gamma Level, then rallied in stages to test the 4155 and 4170 Gamma Levels. All 3 rallies had increasing Call Sentiment.

Dynamic Trend Gamma
Wednesday May 24th - $SPX

The $SPX sold off sharply and finally found a bottom near the 4110 Gamma Level. And traded between the Gamma Levels the rest of the day.

Dynamic Trend Gamma
Tuesday May 23rd - $SPX

The $SPX could not get past the 4185 Blue Gamma Resistance Level. Then sold off sharply to the Large 4150 Gamma Level with increasing Put Sentiment.

Dynamic Trend Gamma
Monday May 22th - $SPX

The $SPX tested the 4210 Gamma Resistance Level. There was one more rally attempt to the 4210 Gamma Level with increasing call sentiment. Overall a very quiet day.

Dynamic Trend Gamma
Friday May 19th - $SPX

The $SPX tested the 4210 Gamma Resistance Level, failed to rally further. Once the Put Sentiment started to increase, the $SPX sold off to test the 4180 Gamma Level.

Dynamic Trend Gamma
Thursday May 18th - $SPX

The $SPX had 2 confirmed major rallies both initiated with Increasing Call Sentiment. The 2nd rally took the $SPX to the 4200 Largest Gamma Level.

Dynamic Trend Gamma
Wednesday May 17th - $SPX

The $SPX traded to the Large Gamma Cluster near the 4160 level in 2 individual rally phases, both confirmed with Increasing Call Sentiment. Hedging at Large Blue Gamma Levels results in attracting the underlying prices to the Large Gamma Levels. The Gamma Levels are identified at the open and updated throughout the day.

Dynamic Trend Gamma
Monday May 16th - NVDA

NVDA rallied strongly with increasing Call Sentiment to test the Large Gamma Level at 300. Only made it to $298.70 and sold off as the Put Sentiment took over.

Dynamic Trend Gamma
Tuesday May 16th - $SPX

The $SPX traded sideways around the major Gamma Level of 4125, with a slight bias on the Put Sentiment. Towards the close the $SPX sold off, with a slight increase in Put Sentiment, not enough to forecast a direction.

Dynamic Trend Gamma
Monday May 15th - $SPX

The $SPX found support at the 4110 - 4115 Gamma Support Levels. Then rallied to the 4140 Gamma Support Level with substantial increase in Call Sentiment, indicating Call Strength behind the rally.

Dynamic Trend Gamma
Friday May 12th - $SPX

These Gamma Resistance and Support levels are identified at the Open. The $SPX initially sold off from the 4140 Gamma Resistance Levels. Declined strongly to the major Gamma Support Level at 4100 with increasing Put Sentiment. Once the Major support at 4100 held a retest, the $SPX rallied to the close with increasing call Sentiment.

Dynamic Trend Gamma
Thursday May 11th - $SPX

The $SPX initially sold off from the 4140 Gamma Resistance Level. Rallied twice off the 4110 - 4115 Gamma Support Levels with confirming increase in Call Sentiment.

Dynamic Trend Gamma
Wednesday May 10th - $SPX

The $SPX gapped higher to the Blue 4150 Gamma Resistance at the open. Then traded to the Major Pink Gamma support at 4100, followed by another rally to the Blue 4140 Gamma Level. Both highs and lows were contained by the Gamma Levels.

Dynamic Trend Gamma
Tuesday May 9th - $SPX

There was one identifiable Rally with Increasing Call Sentiment to the 4130 Gamma Level.

Dynamic Trend Gamma
Monday May 8th - $SPX

The $SPX traded sideways most of the day before testing the 4140 Gamma Level. The Call and Put Sentiment was even, indicating non direction.

Dynamic Trend Gamma
Friday May 5th - SPY

The SPY gapped up with substantial Call Sentiment followed by a sideways correction. Once the correction was over, the SPY continued its strong rally with increasing Call Sentiment near the Large Gamma Level of 414

Dynamic Trend Gamma
Friday May 5th - $SPX

The $SPX followed the same pattern as the SPY Index and rallied strong to the Large Gamma Level of 4150 with increasing Call Sentiment.

Dynamic Trend Gamma
Thursday May 4th - $SPX

Switching to the $SPX today. Was a sideways day, with the Index trading in between the two large Gamma Levels of 4050 and 4075.

Dynamic Trend Gamma
Wednesday May 3rd - SPY

Prior to the Fed news, there was one clearly identified rally from the 410 Gamma Level, followed by a choppy session with no clear Call or Put Sentiment to help. The final sell off found support at the 408 Gamma Level with rising Put Sentiment in the last hour.

Dynamic Trend Gamma
Tuesday May 2nd - SPY

As soon as the SPY opened, the major Gamma Support at 413 was broken with increasing Put Sentiment, pointing to a strong sell off.

Dynamic Trend Gamma
Monday May 1st - SPY

Today the SPY was very quiet and traded between 2 Gamma Levels.

Dynamic Trend Gamma
Friday April 28th - SPY

Today had multiple rallies with Flat Put / Rising Call Sentiment to the Large 415 Gamma Levels. Along with a correction (with Rising Put Sentiment).

Dynamic Trend Gamma
Thursday April 27th - SPY

A typical pattern seen during market rallies is a Flat Put with Rising Call Sentiment (as seen from around 11:10 am ET) pushing the SPY higher to the 412 Gamma Levels.

Dynamic Trend Gamma
Wednesday April 26th - SPY

 

Dynamic Trend Gamma
Tuesday April 25th - SPY

 

Dynamic Trend Gamma
Tuesday April 25th - $SPX

 

Dynamic Trend Gamma
Monday April 24th - SPY

 

Dynamic Trend Gamma
Wednesday Apri 19th - SPY