Three setups for tonight and tomorrow using globex open prices and Monday’s GEX data.
Globex opened with a strong upside gap:
NQ: opened 28,500; initial high 28,682
ES: opened 7,490; initial high 7,509.50
Both markets are in negative gamma
NQ reclaimed its 28,560 put transition (from TanukiTrade GEX)
ES reclaimed its 7,485 gamma transition/HVL
Posture: bullish while both transitions hold. Negative gamma can amplify continuation, but also makes failed breaks violent. Do not chase vertical candles.
NQ pulls back and holds 28,622 (IBH), with ES holding above 7,485.
Entry: confirmed hold/retest, not first touch
NQ targets: 28,682 → 28,718 → 28,765 → 28,810
ES targets: 7,510 → 7,530–7,535
Invalidation: NQ accepts below 28,560 or ES accepts below 7,485
Preferred setup
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