---
id: "2026-04-07"
date: "2026-04-07"
status: "PAST"
title: "Tuesday, April 7th, 2026"
subtitle: "Choppy open just above 585 support, failed long to 590 magnet, and a scratch short while waiting for 580"
numTrades: 2
tradeTypes: ["POS_VEX_MAGNET", "POS_GEX_MAGNET"]
directions: ["LONG", "SHORT"]
outcomes: ["LOSS", "SCRATCH"]
notes: ["(Max VEX magnet long, -27p)", "(Max Gamma magnet short, breakeven)"]
youtubeUrl: "https://youtube.com/live/_n3U9BUDx-s"
youtubeVideoId: "_n3U9BUDx-s"
thumbnailUrl: "https://i.ytimg.com/vi/_n3U9BUDx-s/hqdefault.jpg"
---

## Context & Trades

Tuesday opened in very noisy conditions: pre-market had tape-bomb candles, VIX stayed bid around the mid-20s, and price sat near prior lows with buyers repeatedly defending the 585/582 area. The key pre-open map was a shared max VEX / max GEX at 590 and heavier downside exposure near 580/570. The working plan was straightforward: if bids held and order flow stabilized, lean toward the 590 magnet; if 585 failed with conviction, look for liquidation toward 580 and potentially lower.

As always, execution remained difficult. The first trade was a **long (Max VEX magnet)** taken off the repeated 585 defense, targeting rotation back up. The move never built enough continuation and we got stopped for **-27p**. The second trade was a **short (Max Gamma magnet)** looking for acceptance lower and a sweep of overnight lows toward 580. While we were up 50p at one point, this trade also did not fully develop either and hit our **breakeven** as the market kept chopping and rebidding off of the overnight lows.

## Summary

The main read stayed the same all session: 590 remained the upside magnetic reference, while 580/570 remained the meaningful downside zone if buyers finally lost control of the local support shelf. We got neither clean trend continuation nor decisive breakdown during stream hours, so the session was mostly patience and risk control.

Net result for stream trades: one loss (-27p) and one scratch. We wrapped early and stayed focused on waiting for cleaner structure on the next session.

As has been the case many times before, one of our targets, 580, printed a few minutes after shutting off the stream. Sometimes the market just doesn't move as cleanly as we would like :)