Study Centre

How the market actually works — from what SPX really is, through VIX, TICK and breadth, to dealer gamma, dark pools and the closing auction. Every lesson names the thing people get wrong about it, and links to the page here where you can watch it happen on live tape.

Educational material, not financial advice. Nothing here is a signal — where an effect is a tendency rather than a rule, the lesson says so.

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Foundation
How the market is actually wired0/3 done
The plumbing under every chart: what an index really is, who is on the other side of your order, and why the clock matters more than the news.
Intermediate
Reading the tape: VIX, TICK and breadth0/3 done
The three internals that tell you what the index price alone cannot: how much fear is priced, what every stock is doing right now, and whether a move has the market behind it.
Advanced
Options mechanics that actually move price0/3 done
Where the tail wags the dog: how the options market stops being a derivative of the index and starts steering it.
Institutional
What the big players are actually doing0/4 done
The flows that are not on your chart: dealer hedging, dark pools, the closing auction, and how to tell a real institutional footprint from a retail story about one.