Monday 5/15/2023

hugging "2 ton tilly"

Intro

Friday

(more) SPY trades stacked on “2 Ton Tilly”. Very important level.

QQQ high volume at the highs again (again). New level at 325.05.

Macro trend selling.

Realtime prints high volume on 3 megacaps and QQQ. META NVDA GOOGL, bearish.

Close prints high volume GOOG.

The data is saying bearish. We continue to see great trading levels to watch. Levels are more important than my directional bias.

Monday

Indexes are stuck in a range. I think the darkpools have been selling the highs on megacaps and indexes lately. Let’s see what they did today.

SPY PRINTS

Not much SPY. More trades at 412