SP500 LDN TRADING UPDATE 8/12/25

***QUOTING ES1 CONTRACT FOR CASH US500 EQUIVALENT LEVELS SUBTRACT POINTS DIFFERENCE***

***WEEKLY ACTION AREA VIDEO TO FOLLOW AHEAD OF NY OPEN***

WEEKLY BULL BEAR ZONE 6840/50

WEEKLY RANGE RES 6978 SUP 6778

DEC EOM STRADDLE 6631/7067

DEC QOPEX STRADDLE 7025/6303

The SPX aggregate gamma flip point is 6780, whereas we are currently at a relative peak around 6950. This indicates that dealers are typically backing the price and will be applying brakes as it fluctuates up and down.

DAILY VWAP BULLISH 6861

WEEKLY VWAP BEARISH 6747

MONTHLY VWAP BULLISH 6761

DAILY STRUCTURE – ONE TIME FRAMING HIGHER - 6866

WEEKLY STRUCTURE – ONE TIME FRAMING HIGHER - 6812

MONTHLY STRUCTURE – BALANCE - 6952/6539

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 favoring fade trades at the range extremes (highs/lows) while preparing for potential breakout scenarios if the balance shifts.

One-Time Framing Up (OTFU): This represents a market trend where each successive bar forms a higher low, signaling a strong and consistent upward movement.

One-Time Framing Down (OTFD): This describes a market trend where each successive bar forms a lower high, indicating a pronounced and steady downward movement.

***MUST READ TACTICAL UPDATE FROM CITADEL'S RUBNER ON YEAR END TACTICS*** https://www.tickmill.com/blog/institutional-insights-citadel-tactical-update-into-year-end