Note From Rolls
SPY & QQQ retro levels are now filled in, and the levels will be very useful if the market drops this week. We went back to get trades from July 7 to current. Those levels are in the charts for paid customers. 7 day free trial might be a good idea if interested.
Intro
Thursday
SPY hugging weak level at 452. If that breaks, we could see 450 again.
QQQ under recent levels. Watch weak level 376.62. Good support at the 20 day moving average at around 372.
Macro trend sell day.
Realtime prints not high volume on megacaps. That could mean we don’t get a sustained move down. Very large TLT trades today, looks like the boys are building a base here.
Interesting SMH trade at 155.34.
Close prints high volume megacaps, could be sneaky buying. Closing price on the megacaps would be good levels to watch.
Friday
For a darkpool trader, SPY doesn’t get better than this. Look at how prints capped the RTH highs and we came to rest at the old print.
SMH testing the print to the upside today.
SPY PRINTS
452 level is important now. Could be prints at the lows overtaking prints at the highs. See if that level holds or breaks.
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