📊 GEX Sentiment & Options Outlook (Based on July 15 Data)
* Key Resistance Zone: ‣ 184–185: Highest Positive NET GEX, 3rd Call Wall → Strong gamma resistance ‣ 190–192.5: Additional call wall cluster—unlikely to break without strong momentum ‣ 195: GEX10 level (top bullish magnet if a breakout triggers)
* Support Zone: ‣ 180: Minor call wall, near current price ‣ 177.5: HVL zone for July 18 expiration — gamma cushion ‣ 172.5 / 167.5: Key PUT walls — heavy gamma support
* GEX Bias: → Neutral-to-Bullish skew with 43.11% Call Wall support near 180, and strong upward pressure up to 185 if price stays above 180.
* Options Sentiment:
* IVR: 38.8 (moderate)
* Calls Dominance: 27% of total options flow
* Bias: Bullish if price remains above 180 base; bearish break under 177.5 may open path to PUT zones.
📈 1-Hour Chart Smart Money Price Action (SMC-Based Analysis)
* Market Structure:
* Strong BOS (Break of Structure) confirms trend
* Minor CHoCH pullback near 180–182 zone showing healthy consolidation
* Holding mid-channel support trendline
* Key Zones:
* Purple Supply Zone at 182.5–183.5 — expect reactions
* Demand Zone near 174.5–172.5 — major support and rebuy area
* Trendline Support: Still intact, price respecting channel so far
* Trade Scenarios: 🔹 Bullish Setup:
* Entry: Break and hold above 183
* Target: 185 → 187.5
* Stop: Below 180
* 🔻 Bearish Setup:
* Entry: Loss of 180 and breakdown under 177.5
* Target: 174.5 → 172
* Stop: Above 182.5
* Bias: Consolidating, leaning bullish if it defends trendline and clears purple supply. Look for a reclaim of 183 with volume for next leg.
🎯 Final Thoughts
If GOOGL holds above 180, there's potential for a gamma squeeze into 185–187.5. However, a break below 177.5 flips sentiment short, targeting the demand zone around 174–172. Wait for structure confirmation before chasing.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
* Key Resistance Zone: ‣ 184–185: Highest Positive NET GEX, 3rd Call Wall → Strong gamma resistance ‣ 190–192.5: Additional call wall cluster—unlikely to break without strong momentum ‣ 195: GEX10 level (top bullish magnet if a breakout triggers)
* Support Zone: ‣ 180: Minor call wall, near current price ‣ 177.5: HVL zone for July 18 expiration — gamma cushion ‣ 172.5 / 167.5: Key PUT walls — heavy gamma support
* GEX Bias: → Neutral-to-Bullish skew with 43.11% Call Wall support near 180, and strong upward pressure up to 185 if price stays above 180.
* Options Sentiment:
* IVR: 38.8 (moderate)
* Calls Dominance: 27% of total options flow
* Bias: Bullish if price remains above 180 base; bearish break under 177.5 may open path to PUT zones.
📈 1-Hour Chart Smart Money Price Action (SMC-Based Analysis)
* Market Structure:
* Strong BOS (Break of Structure) confirms trend
* Minor CHoCH pullback near 180–182 zone showing healthy consolidation
* Holding mid-channel support trendline
* Key Zones:
* Purple Supply Zone at 182.5–183.5 — expect reactions
* Demand Zone near 174.5–172.5 — major support and rebuy area
* Trendline Support: Still intact, price respecting channel so far
* Trade Scenarios: 🔹 Bullish Setup:
* Entry: Break and hold above 183
* Target: 185 → 187.5
* Stop: Below 180
* 🔻 Bearish Setup:
* Entry: Loss of 180 and breakdown under 177.5
* Target: 174.5 → 172
* Stop: Above 182.5
* Bias: Consolidating, leaning bullish if it defends trendline and clears purple supply. Look for a reclaim of 183 with volume for next leg.
🎯 Final Thoughts
If GOOGL holds above 180, there's potential for a gamma squeeze into 185–187.5. However, a break below 177.5 flips sentiment short, targeting the demand zone around 174–172. Wait for structure confirmation before chasing.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.