GEX (MM), H-GEX and C/P OI (R): DeepCharts' gamma columns against the order book
Module 04 · 4 · The book against gamma: 4:47 pm to 5:13 pmLesson 17 of 329 min🔒 Students only
The 7,610 break and an unconfirmed exhaustion signal (capture 5)
Around 4:50 pm to 4:55 pm, the 7,610 wall gives way and price jumps to 7,616.75. Net GEX (MM) is −$1.4B: market makers are short gamma overall, which fits the speed of the move. The 5:07 pm capture brings together three Deepchart windows: ES in non-time bars top left, ES on 5 minutes with per-bar statistics bottom left, and the market maker tools on SPX converted to ES on the right. It also shows a trap: an exhaustion signal that appears during the break and that what follows does not confirm.
Student access · free
The rest of this lesson is for students
Also in this lesson
- The 5:07 pm capture
- Top left: ES in non-time bars
- Bottom left: ES on 5 minutes with per-bar statistics
- On the right: SPX converted to ES, 5 minutes, market maker tools
- What it says about the market
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→ A new wall and a gamma hole under price (captures 6 and 7)