Daily Flow Deep Dive — July 9, 2026
Market Pulse
SPY closed up 0.85% at 751.71 and now has eight straight closes above the 21 EMA. Price sits well above the 8 EMA at 746.38 and the 21 at 743.18. Every major MA is stacked bullish with the 50 at 739 and the 200 far below at 690.63. This is a clean uptrend with no cracks.
QQQ ripped 1.66% to 723.28 and reclaimed the 21 EMA for just one close. The 8 EMA at 718.54 is now below the 21 at 719.11, so short-term structure is still knotted. Price is back above the 50 SMA at 713.22 and towers over the 200 at 636. Follow-through is needed to confirm the reclaim.
VIX 15.84 (-6.27%)
Opening
Bullish premium led at $350.7M against $166.3M bearish for a net BULL read of $184.4M. MU topped the tape at $35.7M with AMD close behind. Semis and memory names carried the flow.
Options Flow Heat Map
Dark Pool Heat Map
Market Pulse
[📊 Insert SPY chart]
SPY closed up 0.85% at 751.71 and now has eight straight closes above the 21 EMA. Price sits well above the 8 EMA at 746.38 and the 21 at 743.18. Every major MA is stacked bullish with the 50 at 739 and the 200 far below at 690.63. This is a clean uptrend with no cracks.
[📊 Insert QQQ chart]
QQQ ripped 1.66% to 723.28 and reclaimed the 21 EMA for just one close. The 8 EMA at 718.54 is now below the 21 at 719.11, so short-term structure is still knotted. Price is back above the 50 SMA at 713.22 and towers over the 200 at 636. Follow-through is needed to confirm the reclaim.
VIX 15.84 (-6.27%)
Opening
Bullish premium led at $350.7M against $166.3M bearish for a net BULL read of $184.4M. MU topped the tape at $35.7M with AMD close behind. Semis and memory names carried the flow.
