Yesterday Was A "Vol Market Amuse-Bouche", Goldman Trader Sees Sudden Plunge In Gamma

0DTE has been dominant this week, providing the illusion of market support, according to SpotGamma.

That flow pushed markets to highs into yesterday afternoon, and then turned on markets yesterday at those highs (from 2PM to 2:30PM), and then sat idly into the afternoon (post 3pm ET) while equities plunged lower.