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SETUPS FROM REAL TRADING DAYS

Session studies.

Each article looks at a setup on a particular day: what stood out in the flow, what price did next, the full price swing, and what we want to watch for again.

Newest first. Choose a date or a setup that interests you.

SESSION STUDY · September 9, 2026

SPX call selling ends. QQQ rebounds.

September 9: SPX call flow breaks away from SPY and QQQ, then the market turns higher as the selling ends.

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SESSION STUDY · September 8, 2026

Buying all day. Price going nowhere.

September 8: an ES session with rising cumulative delta, weak price and two sharp changes in character.

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SESSION STUDY · September 8, 2026

A sharp SPX call imbalance. A rebound to study.

A September 8 look at a −17,000 SPX call CVD reading and the QQQ rebound that followed.

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SESSION STUDY · September 1, 2026

Two call-flow extremes. Two ES reversals.

September 1: a burst of SPX call buying appears near the morning high, then heavy call selling appears near the afternoon low.

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SESSION STUDY · August 31, 2026

SPY CVD gives the clue. QQQ gives the stronger rebound.

August 31: a SPY CVD divergence flags the afternoon low. QQQ then rebounds farther than ES in percentage terms.

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SESSION STUDY · August 28, 2026

QQQ CVD divergence at the second ES high.

August 28: QQQ options CVD makes a higher high while ES fails to exceed its first morning high—a bearish divergence before the selloff.

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