QuickStrike Tool from CME
So I mentioned that I get my levels that I use from CME. They have a tool called QuickStrike, which is free, they also have a paid version called Bantix. The free version is just fine for what I use it for. Basically I go out each morning and gather the data from the site (CME QuickStrike ). It does require an account to be created on the CME site and that is also free (register here - midway on the page to register or login). Okay once there I go to Vol2Vol at the top of the screen. Then I Open Interest and grab a screenshot of the graph that is there. I then use that graph to go to ChatGPT. I am looking at the 0DTE, which stands for Zero Days to Expiration, and I select my asset (in my case I use NQ). It automatically defaults to the current day expiration. Next, once I am on ChatGPT I begin to ask it to analyze the image and provide support/resistance levels for the day. I have included a screenshot of what the results look like. Now I have only been using this since Monday, and I have been just playing around with it and getting to refine my data results even better. Whenever I get the levels, I am always using current price at that exact moment. The earlier in the morning the better, the later in the day, the levels become more sparse because contracts are expired or expiring. A really solid time to gather the levels is right around 7:35 to 7:45 AM CST. This typically after any major morning news (NFP, PPI, CPI, etc.) and will usually set the tone for the day. Once I have my levels I plot them on the chart as my key levels. Now, like today for NQ, my levels are set and I can just trade "Level to Level" in accordance with the flow of the market. On heavy trend days, like today when NQ just kept going higher, I may have to adjust the levels to allow for the outlier levels. I will most likely consider doing that in the future, today I did not go back to get new levels.