Intro

Thursday

SPY prints at the lows overtaking prints at the highs. Bullish (again).

QQQ more 331, not prints at the highs. Bullish (until we see prints at the highs).

Macro trend strong uptrend (again).

Realtime prints high volume NVDA AMZN GOOGL.

Close prints high volume all megacaps (again). Notice that we cruised over yesterday’s high volume trade box. Drawing another one today.

Notice that we didn’t touch that VXX print and the SQQQ print offered resistance. Bullish clues from yesterday.

Usually the boys don’t give us more than 2 zoom up days in a row. Watch to see if levels support price or we start losing levels. The market is bullish until it’s not.

Friday

We didn’t get a 3rd zoom up day in a row. SPY lost 419, but then started hanging in the same spot.

Levels weren’t so good on Friday, because price is over all prints. That is typically either bullish or a good time for selling to start.

Did we see prints at the highs? Let’s check.

SPY PRINTS

A great deal of SPY hit the tape on Friday. All those trades are borderline, so we need to watch levels next week.

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