Dark Pool Buy Zones in Bottom FormationsIt may be difficult to be optimistic about the future at this time, but it's the BEST time to be on the lookout for Dark Pool Buy Zones in bottom formations.
When it's all doom and gloom is when the largest buy-side institutions are accumulating bargain-priced stocks, acquiring their huge lots of shares as the last of the small-lot sellers capitulate.
Therefore, divergences are important to think about for identifying where the Dark Pools are accumulating. For example, FIZZ was still moving down when the Accumulation/Distribution indicator started rising. This is a very likely Dark Pool buy zone.
Entry requires confirmation that the bottom is likely to complete soon, but this early divergence pattern gives both traders and investors lead time on a good entry at some point down the road.
I'm teaching more about how to identify Dark Pool Buy Zones TODAY at the MetaStock Traders Conference. It's a FREE event with many other trainers. I'll be on at 3 pm ET. Hope to see you there!
Darkpools
Technical Analysis for Risk AnalysisTechnical Analysis should be used for Risk Analysis, not just for deciding if and when to buy whatever it is you want to trade, whether it's stocks, crypto, forex, indexes, ETFs, REITs, mutual funds, etc.
When you know the technical patterns that point to higher risk, aka sellers gaining traction, you can get out of long positions before the retail crowd and its small fund managers react late to earnings reports.
It is NEVER the largest institutions, who we call the Dark Pools, who are selling on earnings announcements. It is ALWAYS the less informed who buy or sell on big news days.
This is what we at TechniTrader call "Relational Technical Analysis"--the application of what we know about the market participant groups to discern who is doing what in the technical patterns of a chart.
For example: UPST was a struggling IPO anyway. The typical IPO top and drop occurred in October-November. 99% of new IPOs do this. Learn to sell at the peak of a speculative new IPO. That means you must learn what speculation looks like in the charts and how to recognize the top developing so you can get out before the drop.
But today's lesson is about the specific set of negative technical patterns developing ahead of Upstart's earnings report yesterday after the market close:
1. A trading range was developing lower highs and lower lows.
2. Compression of price at the low end of the range.
3. Declining Accumulation/Distribution over the sideways action of the trading range.
These are what we at TechniTrader call the "footprints" of controlled rotation out of the stock ahead of the earnings press release date.
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RDBX: HFT action out of Dark Pool buy zoneRDBX had HFT action out of the bottom where there was a clear Dark Pool buy zone. It's moving into resistance from the low of the topping formation around 10 where short-term Pro Traders have begun taking profits.
Retail traders need to learn to take the cue of the professional side using what TechniTrader calls "Relational Technical Analysis." When you learn where and how the Dark Pools accumulate, you can buy BEFORE the HFTs push price too far up to sustain.
Dark Pool Buy Zones™Some traders try to watch Level 2 data to discern when the large-lot orders come through to get an idea of when the big institutions are accumulating in the Dark Pools, but you really don’t need that. Plus, whether that’s accurate is questionable since Dark Pool transactions are reported way after they were transacted.
“Dark Pool buy zones” is a term I coined because Dark Pools use precise controlled orders that trigger automatically over extended periods of time. Since the Buy Side Institutions using the Dark Pools are primarily buying for the long term, price can sometimes drop down before moving up, creating a range in the price action, what I call “the buy zone.”
When you learn to recognize the Dark Pool Candlestick and Indicator Patterns, you can be ready for the bottom to develop and look for Dark Pool accumulation patterns to plan your trading.
Below is an example. Ford is still falling, but the Dark Pool buy zone support is close. I’ll be waiting to see how the bottom develops around that level before making my decision to trade.
Happy TechniTrading!
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Oil shift to downtrend? Options and AI whispersWe can observe at the beginning of this week major shift in sentiment of the traders with Oil in their portfolio. As previous week still we saw money put on 130$, this week the last major level as Call Wall is at 100$. I would even include scenario that around that level we can go slightly higher due to Virgin VPOCs at 102 and 104.5 - still though it should be short-term run and only possible if wet closer to 100$ first.
So far we can observe downtrend on Oil. If 92.2$ will be broken, downtrend can continue. The next major Options and Darkpool markets Support lays at 80$. Before that there is no other level (so far) that can stop this move.
$CLSN Long term PTs 40-50 and higher...Parabolic!Celsion Corporation, a clinical stage biotechnology company, focuses on the development and commercialization of DNA-based immunotherapies, vaccines, and directed chemotherapies. Its product pipeline includes GEN-1, a DNA-based immunotherapy for the localized treatment of ovarian cancer; and ThermoDox, a proprietary heat-activated liposomal encapsulation of doxorubicin, which is in development stage for various cancer indications. The company also has two feasibility stage platform technologies for the development of nucleic acid-based immunotherapies, vaccines, and other anti-cancer DNA or RNA therapies. Celsion Corporation was founded in 1982 and is based in Lawrenceville, New Jersey.
S&P500 idea based on current Options & DarkPool dataShortly and succinctly, but on the subject - how I see it from Swing Trading approach when it comes to option data and S&P 500. After the last OpEx, I expect a temporary advantage of Bulls with a short break around 4500. The move will end in the supply zone 4548-4567, where Virgin VPOC from 10.02 should be retested. Then a few subsequent sessions will bring drop in price, retesting Virgins on 4357 and 4220.
Options data is available for free - inquisitive and curious traders I invite you to my profile and via DM. This data will allow you to get a market advantage now, by indicating sentiment and key levels where a billion dollars from Smart Money has been placed - as they use options for hedging their risk.
$CSCW Next Target PTs .45-90 and higherColor Star Technology Co., Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services. The company was formerly known as Huitao Technology Co., Ltd. and changed its name to Color Star Technology Co., Ltd. in May 2020. Color Star Technology Co., Ltd. was founded in 2002 and is based in New York, New York.
ES/SPX Weekly Plan | 11/28 - 12/3Last week was super interesting on multiple fronts (Powell sticking around, new Covid variant, etc.). Despite seeing a big risk-off movement due to Omicron strain on Friday, we are long-biased going into this week. Here is why:
1. There was **heavy** dark pool activity in SPY
2. The sell off on Friday pushed dealers into a huge negative gamma position (appx. -$1.4 Billion). When we see high dark pool prints AND low gamma prints, this very often leads to a reversal
3. VIX was sent into orbit on Friday, closing just under 29 (plenty of room for a VIX crush rally). Additionally, there was large amount of dark pool activity in SVXY on Friday (which is short VIX).
Since we're long-biased, our ES plan is pretty simple:
1. Would love the opportunity to get long in BTD 1 area. I will look to get 4600 calls for end of December or January
2. I want to see a close above Bull Target 1 area for more upside. If we fail to close above early this week, we likely will need to change our bias
3. If we do close above Bull Target 1, retracements back into Bull Target areas can be used as long entries.
Note: this is purely based on technical analysis. Any news around Omicron being vaccine-resistant (for example) will likely have a huge effect on the market and will take precedent over this analysis.
$CCL breaks months-long flag and is cruising for a ~50% moveThe break of the flag which was followed up with a near perfect bounce off a retest of structure. Went long after it was noticed that this move coincided with significant dark pool buying activity and unusual options activity on August 6 and 7.
In the short-term, looking to target $17-$17.50 in the next few days to take most profits off and then add back in during a pull back. Long-term will look to take profit around $20.
What's going on with Hertz?Yesterday, I carefully watched HTZ due to its bankruptcy announcement on Friday night. The price had opened at $2.84 and after careful observation, it literally did not move throughout the day. There was absolutely no information on Level II, trading volume, etc. Somehow, after literally not moving during market hours, the price dropped to $0.55 right before close. Today, the stock price is up almost 60% pre-market.
Is there someone out there, who on top of watching the mainstream news, also questions their origin, like me? What the fuck is going on with these massive levels of corruption in plain sight? Is Icahn causing that massive surge in price so that we can cover some of his losses and peace out? And who the f*** bought the millions of shares that were dumped on Tuesday that drove the price from 2.84$ to 0.55$?
I need my skeptics and theorists on this one because the stock market is really making me question if the public knows at all about the BS going on behind the curtains. How can we expect transparency in the markets when the SEC is the same body regulating dark-pool exchanges that happen to be privately owned but operate within the same brokerages we use?
I'm 21 and currently working on an experiment to observe trading patters daily in order to understand algorithmic behaviour. I write daily hypotheses as to what I believe the price will do based on the evidence, and when the market closes I write the behaviour observed. My background in CompSci helps me understand most algorithmic behaviours, but this??!!
So, if there are any quants out there who also question the world around them, please contact me.
Short $SPY $SPX $SPX500 to FEB 5: 4 Possible TargetsWe saw massive block trades today in Daily Edge Live at the upper red dark pool level. We had these blocks on Friday as well. Bearish.
See attached TV idea below for additional reasons.
Jan 21
📈 $SPY
📊 2,873,655 😱 ⚫️ #DarkPool
💵 332.14
Jan 14
📈 $TLT
📊 6,683,190 😱
💵 138.82
JPM Dark Pool Quiet DistributionJPM has been running well over the past quarter. However, as the fractional and odd lot new investors buy, the giant Buy Side Institutions are selling. The white candlesticks over the past few days reveal just how heavy the Dark Pool large lot selling is, as the gains are below the previous highs. The risk is that the new investors may run out of capital, which could create a sell down at least temporarily.