
The E-mini S&P 500 futures contract (ES_F) has shown notable fluctuations in recent trading sessions. As of November 19, 2024, the contract rebounded to 5920, moving away from earlier lows and approaching a zero gamma zone, which may indicate a return to stability if it can maintain this level. Traders have observed a bullish imbalance and identified a gap as a key target for future movements. The market dynamics suggest that after failing to sustain overnight weakness below Friday's low, a sharp reversal occurred. Additionally, the market remains in positive gamma territory, which may contribute to a calmer trading environment. The latest reports indicate a notable gain of +55 points within a four-hour period on November 21, 2024, reflecting ongoing volatility and trading strategies focused on day trading.







