{"snapshot":{"id":5,"instrument":"NQ","index_name":"NDX","trade_date":"2026-09-02","generated_at":"2026-09-02T11:20:00+02:00","basis":48.28,"spot":29010.5,"verdict":"NO-GO","verdict_note":"Pre-market snapshot: negative-gamma band right above spot and thin morning data. Reassess after the 15:30 CEST open.","report":{"session_status":"pre-market","verdict_reason":"Pre-market read: open-interest gamma is negative across the band just above spot, and the intraday flow picture only forms after the open.","reassess_at":"2026-09-02T15:35:00+02:00","market":{"index_spot":29077.22,"futures_spot":29010.5,"day_change_pct":-0.39,"front_month":"NQU2026","roll_note":"Quarterly roll to NQZ2026 expected around Sep 8-11 - not done yet"},"regime":{"intraday":"Amplifying","flip_futures":29050,"call_wall_futures":29324,"net_gamma_note":"Open interest is net negative around spot: the 29108-29148 futures band just above price is a negative-gamma pocket where hedging can amplify moves. Price hovers right at the all-expiries gamma flip - the regime is fragile in both directions. No meaningful put wall stands out."},"scenarios":[{"name":"Flip battle","text":"Futures sit almost exactly on the gamma flip (29050). Holding above it favors stabilization toward 29123; losing it hands control to the negative-gamma band."},{"name":"Upside break","text":"Above 29148 the negative pocket is cleared; room extends toward 29324, the structural call resistance.","invalidation":"Back below 29123"},{"name":"Downside continuation","text":"Below the flip, dealer hedging amplifies weakness; yesterday's tech-led decline (-1.29%) can extend, with no strong support mapped below.","invalidation":"Reclaim of 29050"}],"go_nogo":{"red":["Pre-market: price sits on the gamma flip inside a negative-gamma structure"],"caution":["Thin morning data: same-day levels form after the open","ADP employment report at 14:15 CEST"],"green":["Structural ceiling clearly mapped at 29324"]},"flow_note":"Flow and dark-pool checks skipped - US session closed at capture time. Notable tech earnings landed yesterday after hours (no megacap)."}},"levels":[{"id":39,"snapshot_id":5,"price_future":29324,"price_index":29275,"note":"Call Resistance","kind":"wall_res"},{"id":41,"snapshot_id":5,"price_future":29123,"price_index":29075,"note":"GEX 1","kind":"magnet"},{"id":40,"snapshot_id":5,"price_future":29050,"price_index":29002,"note":"HVL","kind":"hvl"}]}