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Intro
Thursday
SPY regained several levels on a meltup day. Bullish. Watch “2 Ton Tilly” or 312
QQQ has many prints turning green and over major levels. Bullish. Volume at the highs, Watch 320.50
Macro stock trend normal uptrend.
Realtime prints high volume MSFT META likely selling into strength. BABA high volume today.
Close prints high volume megacaps. Likely selling into strength.
Why is the market going up if the darkpools are selling? Strong support here, the market can’t drop forever (sellers get tired), and they must want to sell more.
Will it drop or go up? Keep watching levels.
Friday
“2 Ton Tilly” breached to the upside. The market does not stay bearish forever. That’s why levels are more important than bias.
SPY PRINTS
Not much to work with