Reading the session · Episode 8
US500, Wednesday Nov 4, 2026: how we read the day
Play the video · 2:53The key of the day is 7694: the page showed an SPX LGL− there (the put wall of SPX alone), with the biggest VG_VOL bar on the same level, and the VG_GEX 7700 and 7715 walls above.
A reading of a past session, not a signal and not a trade suggestion. Walls are model estimates. Points are hypothetical; past results do not guarantee future ones. Risk disclosure ↗︎
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The narration of the video, as text.
Wednesday in one look
US500, Wednesday, November 4. Our reading: plus twenty points of premium. Let's see how we read the day, and why.
One note: languages are dubbed automatically, so the voice may sound a bit odd.
The level: SPX LGL− 7694
The key of the day is 7694: there the page shows an SPX LGL−, the put wall of SPX alone, with the biggest VG_VOL bar. Above, the VG_GEX 7700 wall and the 7715 wall.
From below, through the level
At 11:45 the price climbs from below onto 7694, and on SPX the bar closes above both averages. First trade: we buy a 7700 call expiring today, at 13.7 points. The risk is the premium, the target is the 7715 wall. At 11:55 it touches 7714: we sell at 21.7. Plus seven and a half points.
The 12:00 bounce
At 12:05 the price is back on 7694, and on SPX the bar closes on the EMA 8. The level holds! A second 7700 call, at 13.7, same target. At 1:07 it touches the 7715 wall: we sell at 20.3. Plus six point one.
The 13:50 bounce
At 1:55 the price is back on 7694 once more, and on SPX the two averages cross, flat. The level holds for the second time! A third 7700 call, at 5.9: two hours are left to expiry. At 2:07 it touches the 7710 wall: we sell at 13.2. Plus six point eight.
The tally
The tally: plus seven and a half, plus six point one, plus six point eight. In total, plus twenty points of premium.
How we read it
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