Tuesday 8/8/2023

have we hit the bottom yet?

Intro

Monday

SPY low volume day. Doesn’t look like buying the lows or covering. Neutral.

QQQ nice $1.4B tranche at around 372. Bullish.

Macro trend mild buying.

Realtime prints high volume TLT (again). AAPL does not look like buying the lows.

Close prints neutral.

Indexes edged over darkpool support today. Bullish development. Does not look like the darkpools are buying the lows here with volume. They may be waiting.

Tuesday

Price dipped back under critical support today and has almost returned to the scene of the crime. Let’s look to see if the boys bought the lows today.

SPY PRINTS

That 450 trade was yesterday.

Not much volume. Does not look like buying the lows.