Reading the session · Episode 4
US500, Wednesday Oct 28, 2026: how we read the day
Play the video · 3:31The reading, written during the session: after the drop from the open, a long where Tuesday's close, the VWAP's lower band and the SPX 5-minute lower Bollinger band meet. At 09:49 the low came within 0.17 points of the band: long 7718.60, stop one point under the low. Then the FOMC: at the 14:30 press conference down to 7722.20, and in four minutes up to 7758.48.
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, October 28, an FOMC day. Our reading: plus sixteen points. 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 day
On Wednesday the US500 opens above Tuesday's close, and at 9:49 it drops to 7718, under that close. Then it climbs back, and the high comes with the FOMC, at 2:37.
Our reading
The reading, written during the session: after the drop from the open, a long where Tuesday's close, the lower VWAP band and, on SPX, the lower five-minute Bollinger band meet. The band extremes are where to wait for price: half a point from the lower band, we go long. Two units: the first comes out at the VWAP, the other is managed by reading the context.
Half a point from the band
At 9:49 the five-minute candle comes within seventeen hundredths of the band: that's inside the half point, so we go long, with the stop one point under the low. Right under it there's an LVL level, and just above a tall VG_VOL bar, almost all puts; the VG_GEX map is empty around price. And look: the low stops right there, and price takes off! At 9:56 the first unit comes out at the VWAP: plus eleven and a half. The second we manage by context: we went in on the lower extreme of the bands, and we come out on the opposite one, when SPX touches the upper Bollinger band, at 11:22: plus twenty-one. The trade makes plus sixteen points, after costs.
The FOMC
The rest of the day is the FOMC. At 2:30, with the press conference, price drops to 7722, and in four minutes climbs to 7758: thirty-six points. Days like this move wide: for us it's context, not a signal.
The tally
The tally for Wednesday: the long at the lower bands, plus sixteen. In total, plus sixteen index points.
How we read it
It's a reading, not a signal. If it helps you, subscribe and share the video. LiveGexLevels gives you the tools to read the context and decide your trades. When several signals line up, that's where we find our edge. To see the levels live, sign up on the platform. There's a launch price, and you keep it for as long as you stay subscribed. And there's a free trial.
