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Intro

Monday

SPY low volume. Neutral. Probably best indicator of the overall market is to watch “2 Ton Tilly”.

QQQ heavy trades around 323. Watch that level tomorrow.

Macro trend very low volume.

Realtime prints high AAPL again, likely selling into strength. High volume TLT watch 103.42

Close prints high volume AAPL & GOOGL likely selling.

Repeat: Just because the darkpools sell with impunity doesn’t mean we have to drop. It all depends on how much they have to sell. I think they have been selling META for eons, yet is stays up due to bullish retail traders and investors.

The best way to tell if we are going to drop is watching levels on indexes. When those levels are breached to the downside, it’s time to close longs.

 

Tuesday

Another boring day on SPY. Now he is resting just under “2 Ton Tilly”.

SPY PRINTS

Nothing here today.