On January 30, 2025, the S&P 500 Index (SPX) opened at 6067, with a high volatility level (HVL) recorded at 6015. The net gamma exposure (GEX) on SPX was reported at 258.09 million, indicating a positive gamma environment where dealers are likely stabilizing price movements by hedging intraday. The market remains in a call-dominated environment, with the CallGamma/PutGamma ratio at 1.09, and the GammaFlip levels noted at 6046 and 6056 over the past two days. Analysts highlighted key levels to watch, with 6050 identified as a critical resistance point and 6000 as a significant support level. As of the latest updates, SPX was holding above 6070, with traders expressing optimism about potential profit-taking opportunities, although caution was advised regarding the volatility trigger at 6000.