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.
Published with the morning roadmap before the open; "touched" means the session traded at the level.
| Level | Price | Type | Session |
|---|---|---|---|
| Call Wall | 7,581.51 | supply / call wall | touched |
| Put Wall | 7,556.51 | demand / put wall | touched |
| Gamma Flip | 7,618.52 | gamma flip | untouched |
| Max Pain | 7,561.51 | max pain / settlement | touched |
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.
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Research and decision support, not execution advice or a trade recommendation. Futures and options involve substantial risk. Historical data shown for research purposes.