The morning letter · free, every weekday

One page, in this order, every morning.

  1. 01The mood and the news. Is the market nervous or calm, and the one red-folder event that matters today.
  2. 02The levels and your size. Where Nasdaq and gold tend to stall or speed up, in your broker's quotes, and what to risk today.
  3. 03A note from the desk. Two or three sentences on what we are watching.

Levels come from options open interest and volume: the call and put walls where dealer hedging tends to slow price, the gamma flip where moves start to run, and the expected move for the day. They are converted to IG and OANDA prices, so you can use them on your own chart.

Sample · Monday 19 Oct · news fills in from the live calendar
Free, every weekday

Tomorrow's levels and size, before the open.

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