The S&P 500 Index ($SPX) is currently experiencing significant trading activity with notable levels of gamma open interest. Recent data indicates that the call/put gamma ratio stands at 1.18, with a gamma flip point at 6054. Market participants are closely monitoring the index's performance around critical support and resistance levels, particularly the 6050 and 6100 marks. Interest in the 6030 strike continues to grow, while the 6100 call has seen substantial volume of 140.1K. Conversely, the 6085 put has a volume of 71.86K. The market is also showing signs of a bearish bias, as indicated by increased put buying and a negative gamma exposure around the 6070 level. The index has been fluctuating within a range, with recent lows around 6053.25, and a cash level noted at 6017.31. Traders are anticipating potential movement following the upcoming Federal Open Market Committee (FOMC) meeting, with December's triple witching often serving as a bullish catalyst.