Hot CPI numbers pushed rate-hike expectations higher, but SPY and QQQ managed to hold long gamma regimes while IWM remains pinned below its flip.
Tech earnings chatter lands on a tightly anchored market, with SPY sitting 12 cents above its flip while IWM remains pinned in short gamma.
As macroeconomic inflation fears rise, dealer structure on major equity indices stays tightly anchored while crypto spot levels consolidate.
SPY is pinned right on its 764.17 gamma flip while hot CPI inflation data pushes Fed rate hike expectations higher.
August inflation data reignited Fed rate-hike fears, but SPY and QQQ remain shielded by long dealer gamma while IWM slips into short gamma territory.
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