📋Morning Board 2026-08-28
Pre-open snapshot: prior close, VIX percentile, RSI(2), dealer gamma, expected range.
| Symbol | Prev close | Change | VIX / VXN (pct) | GEX ($B/1%) | Expected range |
|---|
| QQQ | $721.11 | +1.37% | 20.2 (20th pctile) | +2.63B flip 713.4 | 1.03% (0.63–1.74) |
| SPY | $771.10 | +0.66% | 14.5 (3rd pctile) | +2.22B flip 768.8 | 0.66% (0.38–1.16) |
QQQ RSI(2)91 extreme
QQQ vs 200-day+10.1%
QQQ GammaDealers long gamma (+$2.63B per 1% move), flip 713.4 sits 0.9% below spot
How to read this · VIX
σ 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 · SPY |
14.51 |
3% pctile · Depressed (complacency) |
13.5 ─ median 17.2 ─ 31.1
|
2026-08-27 |
| VXN · QQQ |
20.24 |
20% pctile · Depressed (complacency) |
17.2 ─ median 23.3 ─ 33.5
|
2026-08-27 |
CBOE official daily closes (VIX from 1990, VXN from 2009). These are closing values, not intraday — 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 · Evening report
Research output, not investment advice.