How To Buy This Dip.

The S&P 500 dropped almost 2% today, the Nasdaq fell another 2%, the VIX pushed to 22.22, and CPI just came in hot at 4.2% year over year — but underneath the surface a very specific level is lining up where four separate forces converge, and it's exactly the zone we've been preparing for over the last several videos. In today's stock market report, we walk through exactly how to approach buying this dip without catching a falling knife, where the level is that has gravitational pull on price, and the specific signals that need to flip before getting aggressive long again. We break down the SPX 7200 zone where the JPM collar upper bound, the upper quarter to date implied move, and the put wall all overlap, why this level has heavy options interest from a gamma perspective, and how the 2024 ten percent correction played out from a nearly identical setup with a three to four percent bounce before another leg lower. We cover the hot core CPI print at 4.2 versus 3.8 prior, why the FedWatch tool is still pricing in a rate increase, what to expect from PPI tomorrow and Kevin Warsh's first comments as the new Fed chair next week, and how the SpaceX IPO pricing on Friday with trading starting June 12th adds another volatility catalyst into the mix. We walk through the SPX sitting in negative gamma for three trading sessions, why this regime produces the selling begets selling and buying begets buying dynamic, the VIX futures curve still in contango (not full backwardation like prior panic moments), VVIX picking up but not yet into the 110 to 111 panic zone, and back month versus front month volatility coming down toward but not yet under 1.0 — the threshold where consolidations and bounces historically set up. We update the technology sector bullish percent index dropping into oversold territory (similar reading to the rally point at 25), XLK down 14% peak to trough already in correction territory, and the Magnificent Seven sitting near or beyond their lower weekly expected moves — Apple outside the weekly, Microsoft outside the weekly, Broadcom near the lower weekly, Meta and Amazon near the lower weekly, Google near the lower weekly, Nvidia rather unchanged. We cover the MAGS ETF pulling from 71 to 64 with the year to date VWAP as the key level to watch, Amazon's year to date VWAP at 233.08 sitting under the lower weekly implied move as a potential bounce setup, Broadcom's year to date VWAP at 362.03, and Nvidia trading above its 193.46 year to date VWAP confirming the trend is still up even though momentum has cracked. On the macro side we update oil up on the day on geopolitical tension, the 10-year yield holding defensive (a breakout would amplify equity pressure), and the dollar consolidating sideways at a defensive level — the higher dollar plus higher rates combination historically pressuring equities. We walk through tomorrow's SPY daily implied move with the upside at 734, the downside at 716 lining up with the lower weekly implied move and the upper quarterly implied move at 712, and why the 7200 SPX put wall is the level to watch into the end of the week. We also lay out the patient trader framework — wait for the declining five day moving averages on SPY, QQQ, IWM, semis, biotech, and DIA to flatten and recapture before sizing up — versus the tactical trader playbook for fading the lower weekly expected moves at the Magnificent Seven names. If you trade options, swing trade, follow gamma exposure, dispersion, market breadth, intermarket analysis, or care about exactly where to start buying the dip without getting faked out, this is the kind of stock market analysis you don't want to miss. 🟢 TRADE IDEAS & DISCORD:   / figuringoutmoney   __________________________________________________________________________________________ 🔔 Subscribe now and never miss an update: https://www.youtube.com/c/figuringout... 📧 For business inquiries or collaboration opportunities, please contact us at [email protected] 📈 Follow us on social media for more insights and updates: 🟢 Instagram:   / figuringoutmoney   🟢 Twitter:   / marketmike   ______________________________________________________________________________________________ DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :) #Stock​market #StockMarketAnalysis #Day​Trading