S&P500 Daily Action Areas & Price Targets 14/8/26
S&P500 Daily Action Areas & Price Targets 14/8/26
***QUOTING ES1! FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***
SPX PUT/CALL RATIO 0.97 (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.
GS Flow Desk: large S&P 31Aug 7000/7950 strangle in roughly $20mm vega / $115mm premium …My Read – classic “big convexity versus carry” trade: either someone paid a lot to own a wide August move, or someone got paid a lot to bet that the S&P stays comfortably inside the 7000–7950 corridor
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]
WEEKLY BULL BEAR ZONE 7660/50
WEEKLY RANGE RES 7880 SUP 7655
MONTHLY RANGE RES 7838 SUP 7258
DAILY VWAP BULLISH 7780
WEEKLY VWAP BULLISH 7578
MONTHLY VWAP BULLISH 7485
DAILY STRUCTURE - BALANCE - 7820/7724
WEEKLY STRUCTURE - OTFH - 7542
MONTHLY STRUCTURE - OTFH - 7345.75
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.
DAILY BULL BEAR ZONE 7790/80
GAMMA FLIP 7790
DELTA FLIP 7751
DAILY RANGE RES 7894 SUP 7757
2 SIGMA RES 7961 SUP 7689
VIX BULL BEAR ZONE 17.9 (VVIX / VIX) 6.11
TRADES & TARGETS
LONG ON REJECT/RECLAIM DAILY BULL BEAR ZONE TARGET DAILY RANGE RES
***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)
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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!