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Intro

Tuesday

SPY heavy sell. Watch “2 Ton Tilly” for clues.

QQQ heavy sell. New levels $1 apart.

Macro trend selling.

Realtime prints high volume META likely selling into strength. High volume IWM. Lots of BABA down here (several days).

Close prints elevated. Likely selling.

IWM is the most interesting trade today. One other thing to note is that RTY bounced off the 50% retrace of the Covid runup. I don’t have a good read, but my guess is that it will go up. We’ll see. Good levels to tell if I’m right or wrong.

 

Wednesday

QQQ levels

Anyone watch the IWM levels? High of the day almost to the penny.

Massive SMH trades today. We’ll get to that a little later.

SPY PRINTS

Not much SPY today