$SOX - Chart Link

Negative gamma kicking in now. 4980 is the second biggest level for OPEX (5K had the most going into today) .  

Note that we're only just under session VWAP because of all the price action overnight.  The lower band (1 sigma) is at 4963. 

NQ - nasty

cvna bear flag possibly? gap looms below? used car mrkt is declining and they are burning cash. 

SO weekly, nice look

$SPX - Chart Link - Gap filled 

Next ES support zones 5013/08 then 4997/92

I've decided that they are less relevant but they still mark meaningful levels on my 23 / 5 charts because they are typically characterized by higher volume and larger price movements.  I've seen too many upside and downside targets achieved and gaps filled overnight (along with the corresponding price action that was expected) to think otherwise, but there's always going to be some disagreement on this point. 

Gaps - You bring up a good point Digi...

Love to hear Matt and Steve chime in. 

Per traditional thinking, the gap holds because the market closed at 4pm and opened at 9:30, which is the lions share of volume. But it's hard to ignore that gut wrenching dive we took overnight. With 23/5 trading, gaps should be nearly non-existent, except for weekends. (e.g. crypto doesn't experience gaps in the same way).

Are gaps becoming less relevant now?

 My darn Boeing sundial doesn't work at all at night.

Definitely filled on my end. I was trading it actively when it happened.  I'll never get why people ignore so much price action on an instrument that trades 23 / 5...but to each his own.

And what's this "cash" thing when referring to SPX?  Is there some way to buy SPX shares that I'm not aware of? I'm pretty sure it's only options, all the time, no matter if it's RTH, ATH or GTH. 

Gap? Did we get low enough to fill it a 4988? 

NOW - Chart Link

MRVL - Chart Link

MRVL horizontal level

Matt's out shopping for the new Boeing Car

That area too..

have  going to 13.25

ES early on rejected 58/64 zone and then tested 5027

Test - outage finally repaired.