MARKET SAVANT

PRE-MARKET BRIEFING · 2026-07-27 · context & synthesis, not a signal

MIXED / NEUTRAL
RANGEBOUND — ALL CHOP · no scheduled index catalyst
3/3 boards CHOP · 0/3 trending
The Setup
⚠ synthesis unavailable — facts only, no narrative
NQ CHOP below EMA stack lower third of range
NQ chart
Overnight range 2826028725
PDH28725
PDL28212.5
Prior close28306.8
ATR145.38
EMA928413.2EMA2028511.3EMA5028700
OPTIONS / POSITIONING
NQ gamma profile
Exp. move (QQQ)± 8.805 · 1.29%
Exp. move 1w± 23.58 · 3.45%
Gamma flip550.025
Net GEX (est.)$703m · net long gamma (est.)
Call gamma wall690
Put gamma wall685
Max pain697
P/C (OI)2.7175
P/C (vol)1.1852
Heaviest call OI705 · 700 · 710 · 711
Heaviest put OI495 · 525 · 680 · 690
Retail GEX estimate from QQQ ETF options as a proxy for NQ; dealer short-call/long-put sign assumption; QQQ ≠ index ≠ future — positioning map, not a measured dealer book.
SCENARIOS
  1. Acceptance above ON high 28725 puts PDH 28725 in question above.
  2. Rejection at 28725 leaves it as resistance, with 28260 and PDL 28212.5 below as support.
  3. Acceptance below ON low 28260 puts PDL 28212.5 in question below.
  4. Between 28260 and 28725, rangebound — the ON extremes are the edges to watch.
ES CHOP below EMA stack lower third of range
ES chart
Overnight range 7433.57469
PDH7496.5
PDL7431.25
Prior close7444
ATR21.62
EMA97454.96EMA207457.54EMA507473.78
OPTIONS / POSITIONING
ES gamma profile
Exp. move (SPY)± 5.245 · 0.71%
Exp. move 1w± 14.235 · 1.93%
Gamma flip620
Net GEX (est.)$129m · net long gamma (est.)
Call gamma wall740
Put gamma wall740
Max pain741
P/C (OI)0.9056
P/C (vol)1.1735
Heaviest call OI810 · 756 · 740 · 745
Heaviest put OI720 · 730 · 717 · 565
Retail GEX estimate from SPY ETF options as a proxy for ES; dealer short-call/long-put sign assumption; SPY ≠ index ≠ future — positioning map, not a measured dealer book.
SCENARIOS
  1. Acceptance above ON high 7469 puts PDH 7496.5 in question above.
  2. Rejection at 7469 leaves it as resistance, with 7433.5 and PDL 7431.25 below as support.
  3. Acceptance below ON low 7433.5 puts PDL 7431.25 in question below.
  4. Between 7433.5 and 7469, rangebound — the ON extremes are the edges to watch.
GC CHOP below EMA stack middle third of range
GC chart
Overnight range 4023.44066.8
PDH4085.2
PDL4023.4
Prior close4055.4
ATR12.94
EMA94060.48EMA204060.22EMA504068.75
OPTIONS / POSITIONING
GC gamma profile
Exp. move (GLD)± 3.72 · 1.00%
Exp. move 1w± 9.85 · 2.65%
Gamma flip280.02
Net GEX (est.)$-14m · net short gamma (est.)
Call gamma wall372
Put gamma wall371
Max pain372
P/C (OI)0.4508
P/C (vol)0.7341
Heaviest call OI395 · 390 · 377 · 372
Heaviest put OI344 · 375 · 371 · 365
Retail GEX estimate from GLD ETF options as a proxy for GC; dealer short-call/long-put sign assumption; GLD ≠ index ≠ future — positioning map, not a measured dealer book.
SCENARIOS
  1. Acceptance above ON high 4066.8 puts PDH 4085.2 in question above.
  2. Rejection at 4066.8 leaves it as resistance, with 4023.4 and PDL 4023.4 below as support.
  3. Acceptance below ON low 4023.4 puts PDL 4023.4 in question below.
  4. Between 4023.4 and 4066.8, rangebound — the ON extremes are the edges to watch.

Congressional Trading

1009 disclosures · 50d
STOCK Act disclosures · House, Senate as of 2026-07-27 · last 50 days
Net flow (est.) -$13.86M
net selling (est.)
Purchases 789
$10.48M est.
Sales 216
$24.34M est.
Index-relevant net $574K
17 buys · 11 sells

Top tickers by disclosures

AAPL 6 filings · 3B/3S $318K
BRK.B 6 filings · 6B/0S $140K
HUBB 6 filings · 6B/0S $48K
GOOG 5 filings · 4B/1S $91K
NVDA 5 filings · 3B/2S $51K
ACN 5 filings · 3B/2S $1K
HD 4 filings · 1B/3S -$132K
BEP 4 filings · 4B/0S $57K

Recent notable disclosures

Daniel Meuser · PURCHASE SPCX
$15,001 - $50,000 · House · disc. 2026-06-16
Thomas H Tuberville · SALE AWK
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE CSX
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE DUK
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE LMT
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE MA
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE NEE
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE PFE
$15,001 - $50,000 · Senate · disc. 2026-07-16
Thomas H Tuberville · SALE PG
$15,001 - $50,000 · Senate · disc. 2026-07-16
Sheldon Whitehouse · SALE AAPL
$15,001 - $50,000 · Senate · disc. 2026-07-08
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) — 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 — no directional inference.

Catalyst Timeline

0 windows
(nothing scheduled)

Material Filings

  • GOOGL: 1 Form-4 insider filing(s)

Overnight Digest

  • Dear SpaceX Stock Fans, Mark Your Calendars for July 23 [Yahoo]
  • What to Expect From Keysight Technologies' Q3 2026 Earnings Report [Yahoo]
  • Cavco Industries (CVCO) Maintains Dominance in a Concentrated Industry [Yahoo]
  • Freeport-McMoRan Earnings Beat Estimates on Rising Copper Prices [Yahoo]
  • Weak housing market hurts big and bulky last-mile delivery [Yahoo]

Sentiment Read

Tone: mixed (from 37 headlines).
Data quality notes