Intro

Wednesday

SPY not much of a base at 445. Neutral.

QQQ looks bearish. More prints at highs than lows.

Macro trend selling.

Realtime prints high volume TSLA, could be buying the lows. Everything else normal to low volume. SQQQ has likely not traded out (bearish clue).

Close prints mostly neutral. Elevated MSFT volume (again). Interesting UUP trade (US dollar).

Indexes stayed under darkpool support today. I would really like to see more volume here before getting bullish. Either more volume, or overtaking SPY 449 and QQQ 373.77.

One other clue if you are interested in more indicators. NQ just went under the 50 day moving average today and also hit the 1.27 extension of A-B-C down. I’ll post a chart below.

Tomorrow is CPI day, and anything can happen.

Thursday

Today, the market pretty much did the same thing as Wednesday. The data is much different though, and it might be a good time for a 7 day free trial.

More trades at 445. We get more volume today. Are they building a new base at 445?