Geeks of Finance

$SPX: Keltners look bearish GEX looks bearish (excluding 0 DTE GEX) Volume paints a mixed picture-6700 getting attention (also excludes 0 DTE volume) 6400 is my line-in-the-sand: Below this, watch out for new lows down to 6200, potentially

Someone always gets upset about charting the $VIX, here we go: %B 20,2 has marked a few lows at the 0.0 mark recently as we glance at the 4-hour chart. The problem I see for bulls is that the VIX is back above the HMA, and the %B reading is almost back to 0, setup for spike?

Removing 0 DTE GEX shows a lot of negative GEX for $SPX down to 6250 expiring April 2. 6390 is the largest net cluster expiring April 1. Who's going to look like the fool on April Fools? Stay tuned and you'll find out. Especially when you open your trading account..🥶

$QQQ is right at the daily HMA resistance, with a GEX wall (or pivot) at 570 Keltners and momentum point lower, but we can bounce more, regardless of bull/bear victory later..Who wins in the short term?

GEX took a more negative turn mid-day, large outlying positive net clusters have diminished. The current data doesn't suggest a runaway bear into the close, though, maybe we get pinned. $SPY $QQQ $SPX

@GQPash Net positive GEX clusters can act as magnets- it's unusual to see potential targets relatively far away, implying if we do see upside today, it might be brutal for bears. We'll see!

@GeekStrategy Would you elaborate please

Wow, this is unusual- BIG positive GEX clusters on $QQQ 574 $IWM 246 $SPY 640 and 645 All on today's expiration It's bonus time on Wall Street heading into the end of the month and end of the quarter-let the games begin!

WOW- $SPX volume at 8160-8190 (LOL) GEX is negative (of course), I'm looking at the bottom of the daily Keltner at 6331 or the bottom of the weekly at 6252 April 2025 saw a brief overshoot of the lower weekly Keltner by 242 points, which would bring us to.... 6000!

GEX readings are getting extreme, too..Can we get a relief rally next week? (from @financialjuice )

$SPX and $QQQ are reaching targets we've been watching all week that were widely advertised on the 3D GEX graph for Friday's & Tuesday's expiration: SPX 6475 (screenshot from Monday 23rd) QQQ 575 (screenshot from the 24th) Maybe close to a pivot?

Early indicator for $SPX and $QQQ $SPY? Moving averages are curling up for $IWM...Perhaps too soon, but a backtest to 245 might set us up for a stronger bounce in coming days Will reassess if 245 is lost, with 240 being the next GEX target

Excluding 0 DTE GEX & volume, $SPX is showing growing net GEX down to 6200..I notice a stalactite in the cave at the 6475 level for March 31 on our 3D GEX graph. I keep thinking we are due for a larger bounce, but the data says be careful!

$SPX 6700 becomes a potential target above 6670, but if that fails to hold, losing 6650 may bring 6600 into the picture fairly quickly. Watching what happens as Powell started his presser a few minutes ago.. GEX has moved more negative overall

$SPX GEX has been negative all day 6700 is a potential wall (or pivot) Watching 6500, 6600 in the total net GEX picture Interesting that volume today is also relatively elevatd at 6750, 6900 We'll watch for any shifts that happen approaching FOMC in an hour

$SPX GEX at 6700 has grown since the open, current parameters indicated by GEX (possible magnets) at 6700 and 6750 to the upside $VIX near a possible bounce spot on multiple timeframes..Good luck

30 min indicators on my chart+GEX show potential for $SPX to reach 6600 today if bounces up to 6670 can hold..Watching.. Happy Friday The 13th!

We've been watching this big net GEX cluster at $SPX 6650 all morning since we were at 6716, slow magnetism in motion?

$QQQ ran right into possible resistance on the daily chart. GEX is still mostly concentrated at lower levels, but the 0 DTE picture does show potential to 610 Hard to get too excited until we see the $VIX lose 20, then 18...Until then, it might be "sell the rippy"

$SPX is testing the 6850 area shown earlier as a lower target of the likely range today. We don't see compelling lower targets at this time as far as GEX (maybe 6825?), so *IF* the picture remains the same, any drop below 6850 may find its way back to 6850 by the close