Intro

Monday

SPY $3B close to HOD, watch 448.44

QQQ bullish. The only data point that looks bullish.

Macro trend neutral on an up day. Could be selling.

Realtime high volume TSLA, watch 264.34.

Close prints high volume TSLA.

We have a couple of conflicting data points:

• Individual names appear to have been sold today.
• The large SPY trade could have been a sell close to closing price.
• QQQ has multiple billion dollars in trades at the lows, and we are over those trades now.
• The RR Oscillator is saying that market breadth is improving.
• IWM is stuck under all my levels. Needs to regain 184.50

The darkpools buy and sell all the time. Selling does not always mean that the market drops, but it warrants caution. No matter what, bulls do not want SPY to lose 445.64. Bulls also want to see us push out of this mess and move higher into a trend.

Tuesday

Day 5 in a trendless range. If you are feeling frustrated today, that’s exactly what the boys at mission control want. They want you to feel frustrated and disoriented.

SPY PRINTS

My system is flagging high volume SPY for the last 2 days. Most of the trades are borderline.