Ivolution Research Journal · Refutation

REFUTE: daily gamma-flip level as a price target

Intraday price does NOT gravitate toward the daily gamma-flip level more than toward a matched placebo level; the popular 'price is drawn to the flip' claim fails for the index.

GEX-21 · v1·Refuted·Narrative — weak evidence·Dealer gamma

Cite as: GEX-21: REFUTE: daily gamma-flip level as a price target. Ivolution Research Journal.

Publication status

The pre-registered hypothesis was refuted on the governed research record. This publication documents the null rather than presenting an edge.

The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for GEX-21 are available to Terminal + AI members.

Symbols

SPX · SPY · QQQ

Regimes

Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day

Horizons

close

GEX-21: REFUTE: daily gamma-flip level as a price target — Ivolution Research Journal