SPEXY INDEX 513V3 WEEK19 DEALER INTERP UPDATE

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LAX

11:50 AM

OMA

8:27:38 PM

NYC

9:27 PM

DATE

Wednesday The 13th

LDN

2:27 AM

BJG

9:27 AM

TYO

10:27 AM

PPIApril PPI jumped 1.4% month over month and 6.0% year over year, keeping inflation and Fed-delay risk active.MARKETS&P 500 and Nasdaq advanced while the Dow slipped as chip and mega-cap strength offset part of the hot-PPI pressure.FED / YIELDSHot producer prices kept yields and the dollar firm; rate-cut confidence remains weak and valuation sensitivity stays elevated.OIL / IRANIEA warned global oil supply could fall below demand because of Iran-war disruptions; oil/Hormuz risk remains a live VIX gate.OPEXOPEX-week positioning keeps pin, wall, and release risk high; macro headlines can change vol posture fast.

513 EODFinal label: UPPER REPAIR HELD / S 7450 FAILED INTO CLOSE / VERIFY-FIRST HANDOFF. Do not transfer S 7450 as clean support.CONTROLS 7450 is the contested pivot. Above it can repair the close failure; below it keeps capped/fragile upper-repair risk active.MUST HOLDS 7425 is the major repair-validation line. Loss of S 7425 downgrades the repair and opens the S 7400 deep defense test.FLOWBookmap CVD stayed positive but faded from roughly +11.5K midday to about +4.7K at close; buyer aggression did not defend S 7450.VOL / BREADTHVIX near 17.87 stayed supportive, but VIX9 risk labels, weak VOLD, negative ADSPD, and damaged CUM TICK block clean bullish transfer.NEXT PATHReclaim S 7450 with stable CVD and VIX below 18 to reactivate S 7460 → S 7475 → S 7500. Fail S 7440 and backfill S 7435/S7425.

513V3 EOD · S 7450 failed close.

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513 EOD protected · verify-first handoff.

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Week19 Wednesday EOD · S 7450 contested pivot.

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