{
  "schema_version": 1,
  "date": "2026-07-09",
  "sentiment_read": "The overnight mood is cautious and event-dense rather than directional: headlines describe Middle East conflict driving safe-haven flows into the dollar, and the calendar stacks mortgage data, wholesale inventories, crude inventories, a Treasury note auction, and the FOMC minutes into a single session. All three tracked instruments print a CHOP regime, with ATRs of 122.48 on NQ, 16.43 on ES, and 17.32 on GC framing what a normal day covers \u2014 and the ES overnight range is a small fraction of that, so the tape has coiled ahead of the releases. The curve flag reads positive and financial conditions read loose, a backdrop of ample liquidity rather than stress. The corporate tape is quiet \u2014 a current-report filing from Amazon and scattered insider filings at GOOGL, META, and NVDA \u2014 so macro prints and the minutes are the mood-setters. Blackout windows bracket each release; the minutes in the afternoon are the point where the day's map is most open to being redrawn.",
  "the_setup": "NQ holds a compressed shelf: the fast, medium, and slow EMAs sit at 29512.56, 29443.16, and 29477.4, PDC 29492 rests in the upper third of the prior day's range, and ATR is 122.48 in a CHOP regime. Acceptance above the overnight high 29643.25 puts PDH 29558 in question above; rejection at 29643.25 leaves it as resistance, with 29396 and PDL 28910.25 below as support. Acceptance below 29396 puts PDL 28910.25 in question below; between 29396 and 29643.25, rangebound, with magnets at 29500, 29250, and 29750 around the structure. ES is the tightest map on the board: between 7524.75 and 7554 overnight against an ATR of 16.43, PDC 7527.25 in the middle third, and EMAs braided together at 7538.12, 7531.54, and 7537.45 inside the range. Acceptance above 7554 puts PDH 7563 in question above; rejection at 7554 leaves it as resistance, with 7524.75 and PDL 7468.25 below as support; acceptance below 7524.75 puts PDL 7468.25 in question below, with the 7500 magnet beneath the range. GC carries the geopolitical tape: between 4063.3 and 4117.7 overnight, PDC 4086 in the middle third, the two faster EMAs at 4088.28 and 4088.77 mid-range and the slower EMA at 4106.19 in the upper portion of the overnight range. Acceptance above 4117.7 puts PDH 4146.4 in question above; rejection at 4117.7 leaves it as resistance, with 4063.3 and PDL 4032.3 below as support; acceptance below 4063.3 puts PDL 4032.3 in question below, with the 4000 magnet under the structure. Around the crude data, the note auction, and the minutes, prints inside the blackout windows are noise until acceptance or rejection at these stated edges resolves the day.",
  "technical_map": {
    "NQ": "PDH 29558 / PDL 28910.25 / PDC 29492; ON range 29396\u201329643.25; ATR 122.48, regime CHOP; EMAs 9:29512.56 / 20:29443.16 / 50:29477.4; magnets 29500, 29250, 29750; PDC 29492 in upper third of PD range",
    "ES": "PDH 7563 / PDL 7468.25 / PDC 7527.25; ON range 7524.75\u20137554; ATR 16.43, regime CHOP; EMAs 9:7538.12 / 20:7531.54 / 50:7537.45; magnets 7500, 7750, 7250; PDC 7527.25 in middle third of PD range",
    "GC": "PDH 4146.4 / PDL 4032.3 / PDC 4086; ON range 4063.3\u20134117.7; ATR 17.32, regime CHOP; EMAs 9:4088.28 / 20:4088.77 / 50:4106.19; magnets 4000, 4250, 3750; PDC 4086 in middle third of PD range"
  },
  "levels": {
    "NQ": {
      "symbol": "NQ",
      "pdh": 29558.0,
      "pdl": 28910.25,
      "pdc": 29492.0,
      "on_high": 29643.25,
      "on_low": 29396.0,
      "orb_anchors": {},
      "emas": {
        "9": 29512.56,
        "20": 29443.16,
        "50": 29477.4
      },
      "atr": 122.48,
      "regime": "CHOP",
      "magnets": [
        28750.0,
        29000.0,
        29250.0,
        29500.0,
        29750.0,
        30000.0,
        30250.0,
        30500.0,
        30750.0
      ]
    },
    "ES": {
      "symbol": "ES",
      "pdh": 7563.0,
      "pdl": 7468.25,
      "pdc": 7527.25,
      "on_high": 7554.0,
      "on_low": 7524.75,
      "orb_anchors": {},
      "emas": {
        "9": 7538.12,
        "20": 7531.54,
        "50": 7537.45
      },
      "atr": 16.43,
      "regime": "CHOP",
      "magnets": [
        7250.0,
        7500.0,
        7750.0
      ]
    },
    "GC": {
      "symbol": "GC",
      "pdh": 4146.4,
      "pdl": 4032.3,
      "pdc": 4086.0,
      "on_high": 4117.7,
      "on_low": 4063.3,
      "orb_anchors": {},
      "emas": {
        "9": 4088.28,
        "20": 4088.77,
        "50": 4106.19
      },
      "atr": 17.32,
      "regime": "CHOP",
      "magnets": [
        3750.0,
        4000.0,
        4250.0
      ]
    }
  },
  "options": {
    "NQ": {
      "symbol": "NQ",
      "proxy_etf": "QQQ",
      "spot": 723.28,
      "expiry": "2026-07-09",
      "dte": 0,
      "expected_move": 0.77,
      "expected_move_pct": 0.001065,
      "expected_move_1w": 16.575,
      "expected_move_1w_pct": 0.022916,
      "atm_strike": 723.0,
      "max_pain": 711.0,
      "gamma_flip": 702.4424,
      "call_wall": 715.0,
      "put_wall": 723.0,
      "net_gex": -2130972366.91,
      "pcr_oi": 1.3969,
      "pcr_volume": 1.0693,
      "heavy_call_oi": [
        [
          715.0,
          33776.0
        ],
        [
          710.0,
          18459.0
        ],
        [
          725.0,
          6135.0
        ],
        [
          720.0,
          5906.0
        ]
      ],
      "heavy_put_oi": [
        [
          715.0,
          29497.0
        ],
        [
          510.0,
          19601.0
        ],
        [
          710.0,
          16246.0
        ],
        [
          700.0,
          7868.0
        ]
      ],
      "note": "Retail GEX estimate from QQQ ETF options as a proxy for NQ; dealer short-call/long-put sign assumption; QQQ \u2260 index \u2260 future \u2014 positioning map, not a measured dealer book."
    },
    "ES": {
      "symbol": "ES",
      "proxy_etf": "SPY",
      "spot": 751.71,
      "expiry": "2026-07-09",
      "dte": 0,
      "expected_move": 0.41,
      "expected_move_pct": 0.000545,
      "expected_move_1w": 9.15,
      "expected_move_1w_pct": 0.012172,
      "atm_strike": 752.0,
      "max_pain": 745.0,
      "gamma_flip": 744.689,
      "call_wall": 752.0,
      "put_wall": 752.0,
      "net_gex": -5151591611.04,
      "pcr_oi": 1.2518,
      "pcr_volume": 1.0075,
      "heavy_call_oi": [
        [
          750.0,
          13535.0
        ],
        [
          751.0,
          9758.0
        ],
        [
          746.0,
          8875.0
        ],
        [
          745.0,
          8840.0
        ]
      ],
      "heavy_put_oi": [
        [
          740.0,
          11685.0
        ],
        [
          744.0,
          8713.0
        ],
        [
          743.0,
          8677.0
        ],
        [
          745.0,
          8274.0
        ]
      ],
      "note": "Retail GEX estimate from SPY ETF options as a proxy for ES; dealer short-call/long-put sign assumption; SPY \u2260 index \u2260 future \u2014 positioning map, not a measured dealer book."
    },
    "YM": {
      "symbol": "YM",
      "proxy_etf": "DIA",
      "spot": 524.19,
      "expiry": "2026-07-10",
      "dte": 1,
      "expected_move": 2.3,
      "expected_move_pct": 0.004388,
      "expected_move_1w": 6.85,
      "expected_move_1w_pct": 0.013068,
      "atm_strike": 524.0,
      "max_pain": 524.0,
      "gamma_flip": 360.0,
      "call_wall": 525.0,
      "put_wall": 525.0,
      "net_gex": 65734283.07,
      "pcr_oi": 0.6683,
      "pcr_volume": 1.01,
      "heavy_call_oi": [
        [
          538.0,
          5354.0
        ],
        [
          536.0,
          3839.0
        ],
        [
          530.0,
          3022.0
        ],
        [
          537.0,
          2199.0
        ]
      ],
      "heavy_put_oi": [
        [
          520.0,
          2396.0
        ],
        [
          525.0,
          1802.0
        ],
        [
          502.0,
          1002.0
        ],
        [
          524.0,
          939.0
        ]
      ],
      "note": "Retail GEX estimate from DIA ETF options as a proxy for YM; dealer short-call/long-put sign assumption; DIA \u2260 index \u2260 future \u2014 positioning map, not a measured dealer book."
    },
    "RTY": {
      "symbol": "RTY",
      "proxy_etf": "IWM",
      "spot": 297.24,
      "expiry": "2026-07-09",
      "dte": 0,
      "expected_move": 0.415,
      "expected_move_pct": 0.001396,
      "expected_move_1w": 5.505,
      "expected_move_1w_pct": 0.01852,
      "atm_strike": 297.0,
      "max_pain": 294.0,
      "gamma_flip": 193.3381,
      "call_wall": 297.0,
      "put_wall": 297.0,
      "net_gex": -274478758.76,
      "pcr_oi": 0.8965,
      "pcr_volume": 0.9134,
      "heavy_call_oi": [
        [
          296.0,
          7096.0
        ],
        [
          305.0,
          5816.0
        ],
        [
          300.0,
          5535.0
        ],
        [
          306.0,
          4556.0
        ]
      ],
      "heavy_put_oi": [
        [
          291.0,
          7238.0
        ],
        [
          288.0,
          6307.0
        ],
        [
          292.0,
          3774.0
        ],
        [
          290.0,
          2299.0
        ]
      ],
      "note": "Retail GEX estimate from IWM ETF options as a proxy for RTY; dealer short-call/long-put sign assumption; IWM \u2260 index \u2260 future \u2014 positioning map, not a measured dealer book."
    },
    "GC": {
      "symbol": "GC",
      "proxy_etf": "GLD",
      "spot": 378.18,
      "expiry": "2026-07-10",
      "dte": 1,
      "expected_move": 3.955,
      "expected_move_pct": 0.010458,
      "expected_move_1w": 8.725,
      "expected_move_1w_pct": 0.023071,
      "atm_strike": 378.0,
      "max_pain": 375.0,
      "gamma_flip": 321.0085,
      "call_wall": 380.0,
      "put_wall": 375.0,
      "net_gex": -77840644.18,
      "pcr_oi": 0.9487,
      "pcr_volume": 0.7237,
      "heavy_call_oi": [
        [
          395.0,
          11793.0
        ],
        [
          390.0,
          4014.0
        ],
        [
          425.0,
          3432.0
        ],
        [
          375.0,
          2867.0
        ]
      ],
      "heavy_put_oi": [
        [
          350.0,
          12720.0
        ],
        [
          355.0,
          10708.0
        ],
        [
          345.0,
          3076.0
        ],
        [
          351.0,
          2796.0
        ]
      ],
      "note": "Retail GEX estimate from GLD ETF options as a proxy for GC; dealer short-call/long-put sign assumption; GLD \u2260 index \u2260 future \u2014 positioning map, not a measured dealer book."
    }
  },
  "congress": {
    "window_days": 50,
    "asof": "2026-07-09",
    "trade_count": 426,
    "purchase_count": 243,
    "sale_count": 182,
    "exchange_count": 1,
    "purchase_notional_est": 8927625.5,
    "sale_notional_est": 10665593.0,
    "net_notional_est": -1737967.5,
    "index_purchase_count": 9,
    "index_sale_count": 15,
    "index_net_notional_est": -364003.0,
    "index_tickers": [
      "NVDA",
      "MSFT",
      "AAPL",
      "AMZN",
      "GOOGL",
      "GOOG",
      "META",
      "TSLA"
    ],
    "top_tickers": [
      [
        "HUBB",
        10,
        87005.5,
        10,
        0
      ],
      [
        "AAPL",
        7,
        -32500.5,
        3,
        4
      ],
      [
        "LPLA",
        6,
        48003.0,
        6,
        0
      ],
      [
        "T",
        5,
        66501.5,
        4,
        1
      ],
      [
        "BEP",
        5,
        64502.5,
        5,
        0
      ],
      [
        "BIIB",
        5,
        59001.5,
        4,
        1
      ],
      [
        "ENTG",
        5,
        40002.5,
        5,
        0
      ],
      [
        "TDG",
        5,
        40002.5,
        5,
        0
      ]
    ],
    "notable": [
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "NVDA",
        "type": "sale",
        "amount": "$100,001 - $250,000",
        "amount_mid": 175000.5,
        "txn_date": "2026-05-08",
        "disclosure_date": "2026-06-02",
        "notable": true
      },
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "NVDA",
        "type": "sale",
        "amount": "$100,001 - $250,000",
        "amount_mid": 175000.5,
        "txn_date": "2026-05-08",
        "disclosure_date": "2026-06-02",
        "notable": true
      },
      {
        "name": "Tim Moore",
        "chamber": "House",
        "ticker": "T",
        "type": "purchase",
        "amount": "$50,001 - $100,000",
        "amount_mid": 75000.5,
        "txn_date": "2026-06-04",
        "disclosure_date": "2026-06-04",
        "notable": true
      },
      {
        "name": "Daniel Meuser",
        "chamber": "House",
        "ticker": "SPCX",
        "type": "purchase",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-06-15",
        "disclosure_date": "2026-06-16",
        "notable": true
      },
      {
        "name": "Tim Moore",
        "chamber": "House",
        "ticker": "T",
        "type": "sale",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-05-21",
        "disclosure_date": "2026-05-21",
        "notable": true
      },
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "AAPL",
        "type": "sale",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-06-24",
        "disclosure_date": "2026-07-08",
        "notable": true
      },
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "AAPL",
        "type": "sale",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-06-24",
        "disclosure_date": "2026-07-08",
        "notable": true
      },
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "NVDA",
        "type": "sale",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-06-30",
        "disclosure_date": "2026-07-08",
        "notable": true
      },
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "COHR",
        "type": "purchase",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-06-25",
        "disclosure_date": "2026-07-08",
        "notable": true
      },
      {
        "name": "Sheldon Whitehouse",
        "chamber": "Senate",
        "ticker": "ORCL",
        "type": "sale",
        "amount": "$15,001 - $50,000",
        "amount_mid": 32500.5,
        "txn_date": "2026-05-07",
        "disclosure_date": "2026-06-02",
        "notable": true
      },
      {
        "name": "Josh Gottheimer",
        "chamber": "House",
        "ticker": "ADC",
        "type": "sale",
        "amount": "$1,001 - $15,000",
        "amount_mid": 8000.5,
        "txn_date": "2026-06-01",
        "disclosure_date": "2026-07-07",
        "notable": true
      },
      {
        "name": "Josh Gottheimer",
        "chamber": "House",
        "ticker": "BABA",
        "type": "sale",
        "amount": "$1,001 - $15,000",
        "amount_mid": 8000.5,
        "txn_date": "2026-06-01",
        "disclosure_date": "2026-07-07",
        "notable": true
      }
    ],
    "chambers": [
      "House",
      "Senate"
    ],
    "note": "Parsed STOCK Act disclosures (House + Senate), House, Senate chamber(s) with data in the last 50d. Disclosures LAG the actual trade by up to ~45 days (reporting window) \u2014 this is a map of what was FILED, not live positioning. Amount ranges are DISCLOSURE BUCKETS; all notional figures are midpoint ESTIMATES, not exact dollars. Descriptive only \u2014 no directional inference."
  },
  "scenarios": {
    "NQ": [
      "Acceptance above ON high 29643.25 puts PDH 29558 in question above.",
      "Rejection at 29643.25 leaves it as resistance, with 29396 and PDL 28910.25 below as support.",
      "Acceptance below ON low 29396 puts PDL 28910.25 in question below.",
      "Between 29396 and 29643.25, rangebound \u2014 the ON extremes are the edges to watch."
    ],
    "ES": [
      "Acceptance above ON high 7554 puts PDH 7563 in question above.",
      "Rejection at 7554 leaves it as resistance, with 7524.75 and PDL 7468.25 below as support.",
      "Acceptance below ON low 7524.75 puts PDL 7468.25 in question below.",
      "Between 7524.75 and 7554, rangebound \u2014 the ON extremes are the edges to watch."
    ],
    "GC": [
      "Acceptance above ON high 4117.7 puts PDH 4146.4 in question above.",
      "Rejection at 4117.7 leaves it as resistance, with 4063.3 and PDL 4032.3 below as support.",
      "Acceptance below ON low 4063.3 puts PDL 4032.3 in question below.",
      "Between 4063.3 and 4117.7, rangebound \u2014 the ON extremes are the edges to watch."
    ]
  },
  "charts": {
    "NQ": "NQ.png",
    "ES": "ES.png",
    "GC": "GC.png",
    "NQ_gamma": "NQ_gamma.png",
    "ES_gamma": "ES_gamma.png",
    "YM_gamma": "YM_gamma.png",
    "RTY_gamma": "RTY_gamma.png",
    "GC_gamma": "GC_gamma.png"
  },
  "catalyst_timeline": [
    "08:00 BST \u2014 MBA 30-Year Mortgage Rate (blackout 07:55\u201308:05)",
    "08:00 BST \u2014 MBA Mortgage Applications (blackout 07:55\u201308:05)",
    "08:00 BST \u2014 MBA Purchase Index (blackout 07:55\u201308:05)",
    "08:00 BST \u2014 Mortgage Market Index (blackout 07:55\u201308:05)",
    "08:00 BST \u2014 Mortgage Refinance Index (blackout 07:55\u201308:05)",
    "11:00 BST \u2014 Wholesale Inventories (blackout 10:55\u201311:05)",
    "11:00 BST \u2014 Wholesale Trade Sales (blackout 10:55\u201311:05)",
    "11:30 BST \u2014 Crude Oil Inventories (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 EIA Refinery Crude Runs (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 Crude Oil Imports (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 Cushing Crude Oil Inventories (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 Distillate Fuel Production (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 EIA Weekly Distillates Stocks (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 Gasoline Production (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 Heating Oil Stockpiles (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 EIA Weekly Refinery Utilization Rates (blackout 11:25\u201311:35)",
    "11:30 BST \u2014 Gasoline Inventories (blackout 11:25\u201311:35)",
    "12:00 BST \u2014 Thomson Reuters IPSOS PCSI (blackout 11:55\u201312:05)",
    "12:30 BST \u2014 Atlanta Fed GDPNow (blackout 12:25\u201312:35)",
    "14:00 BST \u2014 10-Year Note Auction (blackout 13:55\u201314:05)",
    "15:00 BST \u2014 FOMC Meeting Minutes (blackout 14:55\u201315:05)",
    "16:00 BST \u2014 Consumer Credit (blackout 15:55\u201316:05)"
  ],
  "material_filings": [
    "AMZN 8-K (items 8.01, 9.01) \u2014 filed Jul 09",
    "GOOGL: 7 Form-4 insider filing(s)",
    "META: 2 Form-4 insider filing(s)",
    "NVDA: 1 Form-4 insider filing(s)"
  ],
  "overnight_digest": [
    "Middle East Conflict Drives Safe-Haven Flows to US Dollar [Yahoo]",
    "What to Expect From KLA Corporation's Q4 2026 Earnings Report [Yahoo]",
    "What to Expect From Edison International's Q2 2026 Earnings Report [Yahoo]",
    "Can a $25,000 Investment in SoFi Stock Make You a Millionaire? [Yahoo]",
    "Intel stock is currently trading at a level not seen even during the dot-com bubble [Yahoo]"
  ],
  "data_quality_notes": [],
  "instruments": [
    "NQ",
    "ES",
    "GC"
  ]
}