Here's the test and bounce off 7450.
Which is the 1st level the market gotta close over, if it does then i strongly think 7500 is the target for the day.
We could see the data reshuffle tho, as this is that 1st line of real demand zone we are pushing into.
Here is some explanation on order flow to help people understand what i am seeing and why i think we go higher today.
Heatmap, lot of LARGER green circles up above, including 7450 and 7500 being the largest.
That alongside the Delta below us showing BIG green, means there are heavy buy walls underneath
Now we also have the Net Gamma Exposure, which is where they usually pull price to, either downside if red is larger or green if upside is larger bar.
So you can see the largest green is sitting above 7500 on Gamma
The Delta at 7400 is the largest green, big bid wall
And the heat clusters are larger at 7450 and the largest at 7500.
Unless this data shifts, i lean bullish for the stock market (specifically SPX / SPY)