We traded this setup twice. Both times we printed. Today, the markets got nuked after yesterday's bull trap. That reversal was insane so it's understandable why so many were bullish into yesterday's close. We grabbed puts though. $SPY
Monthly imbalance setup 749.60 - 747.03.
Negative divergence on weekly timeframe. Last time we had this setup was Oct 2025 through Jan 2026.
If SPY can push back over the August high (779.37) I am looking for a reversal between 787 and 797.
$SPY
$SPY recap:
The foundation (teapaw.org/_bwatts_/status/211690…)
The overlay (teapaw.org/_bwatts_/status/211724…)
The follow through 👇
- Calls in the morning: 50% with runners hitting 98%
- Puts in the afternoon: 59% with runners hitting 87%
Intraday updates in Discord. Link in bio.
$SPY: Dealer positioning for Monday expiry at Friday's close
The local band is negative delta
- Most Impactful: 765
- Nearest Resistance/Amplify: 759/760
- Nearest Support: 755
Context: 765 sits in the way of the gap fill target. 755 failure opens the monthly imbalance target.
$SPY: Dealer positioning for Monday expiry at Friday's close
The local band is negative delta
- Most Impactful: 765
- Nearest Resistance/Amplify: 759/760
- Nearest Support: 755
Context: 765 sits in the way of the gap fill target. 755 failure opens the monthly imbalance target.
$SPY: two highest-probability continuation zones:
📈 Upside trigger: Over previous high AVWAP → Gap Fill (~761 → 766.62)
📉 Downside trigger: Below Friday’s top dark pool → Monthly imbalance (755.50 → 749.60–747.03)
Full map on the chart.























