Reading $QQQ gamma structure like a textbook right now.
We're trading under the flip at $736.64, boxed between $730 floor and $745 ceiling. That's your range — simple as that. Four-week gamma map still points toward $760, but this week's ceiling caps us at $745. Until we reclaim the flip and hold above it, we're range-bound.
Here's the setup:
$745 — weekly ceiling, resistance
$738.31 — the flip level
$736.64 — current price
$730 — floor, support
What confirms the move? Clean break and hold above $738.31 opens $745. Lose $730 and we're looking lower. Structure is clean, levels are clear. Trade the box or wait for the break — don't guess in the middle.
We're trading under the flip at $736.64, boxed between $730 floor and $745 ceiling. That's your range — simple as that. Four-week gamma map still points toward $760, but this week's ceiling caps us at $745. Until we reclaim the flip and hold above it, we're range-bound.
Here's the setup:
$745 — weekly ceiling, resistance
$738.31 — the flip level
$736.64 — current price
$730 — floor, support
What confirms the move? Clean break and hold above $738.31 opens $745. Lose $730 and we're looking lower. Structure is clean, levels are clear. Trade the box or wait for the break — don't guess in the middle.
