Market Updates

Background on dark pools can be found at this  link . Recap from Last Week On Monday, $2B more came in at the Friday low for a total of $4.1B at 380.   Then Monday and Tuesday prints came in totaling $15.4B at around 390.  Maybe they are building a new base after the dump to 380?  Wednesday is mostly "hidden" dark pool prints that come in after hours, $8.7B.  When that happens, look for a consolidation pattern for a target price.  A guess at price would be 385.  Then we see sell tranches going down to $381.24.  Monday and Tuesday prints are sells after seeing this.  Then Thursday high gets sold again.  $4B at 381.51 with more sell tranches going down to 372.60.  More after hours prints ($6.7B) and another consolidation pattern around 376.  Friday morning highs are sold, and we get a round trip back up over Thursday's high.  $4.1B at the low shows up and $2.9B at the high.  $4.4B after hours are printed, and that ...

  Background on dark pools can be found at this  link . Recap from  Last Week So those Friday prints look to be more distribution for a total of $50B, and Monday's prints add to that for $56B.  That is a lot.   Tuesday, Wednesday, and Thursday, they really didn't spend much ammunition whipsawing everyone.  It looked like we were out of the woods on Wednesday and many people went long only to have the HFT's dump the market .  The dark pools only distributed about $3.6B at those highs.  Maybe they are running out of ammo.  On Thursday and Friday, they  appear to be creating another demand zone in the 380 to 382.5 range (about $13.2B).  Price is currently below those levels, so it would not be advisable to load a boat with SPY until the pivot and R1 are cleared and tested. This Week On Monday, $2B more came in at the Friday low for a total of $4.1B at 380.   Then Monday and Tuesday prints came in totaling $15.4B at aroun...