This is the new format for the Daily Flow Deep Dive report that will be sent out to Substack subscribers every trading day. Today I am making it free for all so you can see the format. Plan is to release it at around 5 pm everyday subject to my personal schedule. You will note that I have included dark pool flow - we have very sophisticated dark pool flow available to members in the Discord that is institutional grade.
Market Pulse
SPY closed below the 21 EMA for a third straight session. Price sits at 734.30, pinned under both the 8 and 21 EMA. The 50 SMA at 732.07 is now the line in the sand and it held today. Bulls need a reclaim of 739 to flip the short-term tape.
QQQ logged a third close under the 21 EMA but showed relative strength with a +0.81% gain. Price at 716.38 remains capped by the 8 and 21 EMA cluster near 720. The 50 SMA at 700.70 is well below and intact. This is the stronger of the two indexes today.
VIX 18.89 (+1.40%)
Opening
Opening directional flow leaned bullish by $306M on $612.8M of calls versus $306.8M of puts. MU led at $50.9M with BABA and ASTS following. Bearish premium was lighter and scattered, topped by LRCX at $20M.
Options Flow Heat Map
Dark Pool Heat Map
