S&P500 Daily Action Areas & Price Targets 25/9/26
S&P500 Daily Action Areas & Price Targets 25/9/26
***QUOTING ES1!(Z CONTRACT LEVLES) FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***
MONTHLY-WEEKLY& DAILY LEVELS
MONTHLY BULL BEAR ZONE 7440/7400
MONTHLY RANGE RES 7882 SUP 7490
WEEKLY BULL BEAR ZONE 7690/80
WEEKLY RANGE RES 7826/7798 SUP 7621/27
DAILY BULL BEAR ZONE 7810/20
GLOBEX RANGE RES 7797/7826 SUP 7740/7712
GAMMA FLIP 7746
DELTA FLIP 7730
CALL WALLS 7790/7819
PUT WALLS 7705/7670
UNFILLED GAPS 7541
DAILY STRUCTURE - OTFL - 7783
WEEKLY STRUCTURE - BALANCE
MONTHLY STRUCTURE - OTFH - 7542
VIX BULL BEAR ZONE 17.7
VVIX / VIX ratio of ~5.78 sits comfortably within the historical normal range of 5.0 to 7.0
PRIMARY TRADES & TARGETS
SELL ON REJECT/RECLAIM DBBZ TARGET RTH CLOSE
***ADDITIONAL SETUPS & TARGETS HIGHLIGHTED ON THE CHARTS***
(I FADE TESTS OF 2 SIGMA LEVELS ESPECIALLY INTO THE FINAL HOUR OF THE NY CASH SESSION AS 90% OF THE TIME WHEN TESTED THE MARKET WILL CLOSE ABOVE OR BELOW THESE LEVELS)
SPX PUT/CALL RATIO 0.96 (The numbers reflect options traded during the current session.) A put-call ratio below 0.7 is generally considered bullish, and a put-call ratio above 1.0 is generally considered bearish.
JHEQX Q3 Collar Short Call Cap: ~7,750 – 7,900 - Long Put Strike: ~7,050 – 7,100 (approx. 5% downside protection) Short Put Strike: ~5,950
DEC2025 OPEX to DEC2026 OPEX is 945 points giving us a range of [5889,7779]
Notes On Structure Implications
Balance: This refers to a market condition where prices move within a defined range, reflecting uncertainty as participants await further market-generated information. Our approach to balance includes favouring fade trades at the range extremes (highs/lows) while preparing for potential breakout scenarios if the balance shifts.
One-Time Framing Higher (OTFH): This represents a market trend where each successive bar forms a higher low, signalling a strong and consistent upward movement.
One-Time Framing Lower (OTFL): This describes a market trend where each successive bar forms a lower high, indicating a pronounced and steady downward movement.
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Past performance is not indicative of future results.
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Patrick has been involved in the financial markets for well over a decade as a self-educated professional trader and money manager. Flitting between the roles of market commentator, analyst and mentor, Patrick has improved the technical skills and psychological stance of literally hundreds of traders – coaching them to become savvy market operators!