Daily Flow Deep Dive - August 6, 2026
Market Pulse
SPY closed at 768.56, down 0.16% but holding its structure. This is the 5th straight close above the 21 EMA. Price sits well above the 8 EMA at 758.14 and the 50 SMA at 746.12. All key moving averages are stacked bullish with the 200 SMA far below at 699.59. The trend is intact until proven otherwise.
QQQ finished at 714.65, off 0.37% and now sitting right on the 50 SMA at 714.42. That is the 4th consecutive close above the 21 EMA. The 8 EMA at 704.05 is holding above the 21 EMA at 702.59. Watch that 50 SMA closely. A hold keeps the bullish stack alive.
VIX 15.15 (-4.17%)
Opening
Bullish premium dominated at $598.0M against just $64.9M bearish, a net BULL read of $533.1M. SNDK led everything with $314.7M in bullish flow, dwarfing the rest of the tape. Semis and memory names carried the day with MU and SOXX adding to the lean.
Options Flow Heat Map
