Morning Brief Preview / AUG 18, 2026
Dealer Positioning Flips Negative as NQ Weakens
The dealer regime deteriorated sharply, increasing the risk that opening moves would extend rather than mean-revert.
Public Read
NEGATIVE GAMMA
The dealer regime deteriorated sharply, increasing the risk that opening moves would extend rather than mean-revert.
This public preview presents the market environment and research focus. Subscribers receive the complete morning map, including the exact reference levels, dealer positioning, scenarios, catalysts, and thesis invalidation.
Inside the Full Brief
The complete market map is for subscribers.
Subscribers receive the complete briefing before the U.S. cash session.
01Executive session summary
02Dealer map and exact references
03Market structure and participation
04Macro calendar and catalysts
05Bullish and bearish conditions
06Thesis invalidation