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Intro
Monday
SPY low volume, neutral. Keep watching “2 Ton Tilly”. Very important level.
QQQ low volume, neutral.
Macro trend neutral.
Realtime prints low volume trades on megacaps, except GOOGL (at the highs). Notice the trades on TLT, BABA, GM, and oil companies.
Close prints high volume GOOGL at the highs (again).
The data is neutral tonight. Sometimes we just have to wait. I do believe the Large Prints section has some very interesting trades. Rolls may or may not have take a position in one or more of those today.
Tuesday
Something interesting is going on. While SPY is just tooling around “2 Ton Tilly”, we’re getting quite a few “unusual trades”. These are out of place, large volume trades. Today is the second day. I don’t have room to post them in this email, but plan to a separate email to paid subscribers.
At the lows, large groups of trades like this are a bullish sign.
At the highs, large groups of trades like this are a bearish sign.
These are scattered around. The boys could be doing a couple of things. First is de-risking ahead of a volatility event like the US Debt Ceiling. Or they could be buying for a run up. I don’t have time to analyze all these trades tonight. Most of the time, prints like these are a bullish sign. Most of the time.
SPY PRINTS
Not much. I don’t think the boys are doing much with SPY.
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