HomeArchive › July 6, 2026

ES dealer levels & regime call — July 6, 2026

The morning call was expansion and the session realized compression — graded MISS against realized RTH volatility versus the 20-day median. ES ran a 45.75-point range and closed higher, touching 3 of 4 published dealer levels. The miss stays on the ledger — that is the point of grading in public.

EXPANSIONMorning call
COMPRESSIONRealized
MISSResult
SHORT GAMMADealer gamma
-1.82BNet GEX
45.75 ptsRTH range
7,570.5 → 7,594.5Open → Close
7551757575997624Call WallPut WallGamma FlipMax Pain09:3011:0712:4414:2115:58

The morning dealer levels, graded

Published with the morning roadmap before the open; "touched" means the session traded at the level.

LevelPriceTypeSession
Call Wall7,581.51supply / call walltouched
Put Wall7,556.51demand / put walltouched
Gamma Flip7,618.52gamma flipuntouched
Max Pain7,561.51max pain / settlementtouched

Grading rule: realized RTH volatility vs. the 20-day median — expansion if it exceeds, compression otherwise. Same rule every day, committed in advance (methodology). The running record is on the scorecard — this page graded MISS.

← July 2, 2026 · All sessions · July 7, 2026 →

Research and decision support, not execution advice or a trade recommendation. Futures and options involve substantial risk. Historical data shown for research purposes.