Wednesday 4/26/2023

selling into strength (again)?

Intro

Tuesday

SPY super high volume. Under (old) high volume trade box. Bearish.

QQQ looks like $900M selling. No new prints at the lows today. Bearish.

Macro stock trend neutral. Likely heaving selling, but looks better due to the recovery in the aftermarket.

Realtime prints normal megacap volume. BABA looks very interesting.

Wednesday

SPY under the new high volume trade box, lost 406, but bounced on support at the daily Keltner bottom very close to a darkpool level.

Let’s see if we got any new levels.

SPY PRINTS

More 406.

$2B at 404.48. Hmmm