πŸ“‹Morning Board 2026-08-31

Pre-open snapshot: prior close, VIX percentile, RSI(2), dealer gamma, expected range.

This is the latest edition. Permanent link for this date: https://qqqwatcher.com/forecast/2026-08-31/board/
SymbolPrev closeChangeVIX / VXN (pct)GEX ($B/1%)Expected range
QQQβ€”β€”19.9 (13th pctile)-0.04B flip 715.31.06% (0.64–1.78)
SPYβ€”β€”14.4 (3rd pctile)-3.28B flip 770.40.67% (0.39–1.17)
QQQ RSI(2)52 neutral
QQQ vs 200-day+9.3%
QQQ GammaDealers short gamma ($-0.04B per 1% move), flip 715.3 sits 0% below spot
How to read this Β· VIX

Οƒ Volatility Indices (VIX / VXN)

VIX = S&P 500 30-day implied volatility (maps to SPY); VXN = the same measure for the Nasdaq 100 (maps to QQQ). Percentile = share of the past year (252 trading days) that closed below the current value.
Index Current Percentile 1-year range As of
VIX Β· SPY 14.43 3% pctile Β· Depressed (complacency)
13.5 ─ median 17.2 ─ 31.1
2026-08-28
VXN Β· QQQ 19.92 13% pctile Β· Depressed (complacency)
17.2 ─ median 23.3 ─ 33.5
2026-08-28
CBOE official daily closes (VIX from 1990, VXN from 2009). These are closing values, not intraday β€” the morning brief uses the prior session's close and the evening review the current close, so the series stays consistent with history with no point-in-time bias.

Full report: Morning report Β· Evening report

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Research output, not investment advice.