Morning Brief Preview / AUG 07, 2026

Employment Report Tests a Constructive Positive Gamma Setup

Dealer positioning remains supportive, but the employment report makes confirmation after the initial reaction essential.

Public Read

POSITIVE GAMMA

Dealer positioning remains constructive heading into the U.S. session, with positive net gamma favoring a more controlled volatility regime. The 8:30 ET employment report can temporarily override that backdrop, so patience and confirmation matter more than anticipation.

This preview provides the framework without publishing the full dealer map, exact reference levels, scenario triggers, or thesis invalidation.

Inside the Full Brief

The complete market map is for subscribers.

Subscribers receive the full briefing before the U.S. cash session, including dealer positioning, exact QQQ and NQ references, market internals, macro catalysts, conditional scenarios, and the levels that would change the view.

01Executive session summary

02Dealer map and exact reference levels

03Market structure and participation

04Macro calendar and catalysts

05Bullish and bearish conditions

06Thesis invalidation

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Receive the full briefing before the bell.