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.
Darkpools
$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.
SFLY Intermediate-Term Bottom ImprovementShutterfly Inc. has been working on an intermediate-term bottom for most of this year. Momentum has moved the price up to just below the bottom completion level. There is also a Shift of Sentiment on the Balance of Power Indicator revealing Dark Pool intermittent Quiet Accumulation.
SBUX: Speculative with declining volume, no Dark PoolsThis chart pattern is highly speculative. This doesn’t mean the stock won’t go higher but that buying it at this price is a very risky situation. On the weekly scale, the trend is bending under selling pressure as smaller funds and retail buy because the stock has been moving up. This is NOT a Dark Pool accumulation mode. Volume is declining steadily also. Volume that declines precedes a correction, either sideways action which means more upside eventually, OR a downside correction to a support level where fundamentals meet technical price levels.
JNJ: Stuck in a trading range, buybacks are supporting the stockA weekly chart reveals the long-term trading range in which JNJ has been stuck. This Dow component ran up due to buybacks around the start of this year. But the trend and volume-based indicators show a lack of quiet accumulation by Dark Pools. The stock slid down ahead of its earnings release today and gapped up slightly on the report, but there has been considerable profit-taking today as well. So JNJ remains bound in a narrower range just below the trading range highs, where it could languish for some time.