Market Pulse
SPY closed at $754.35 on 2026-11-03. The close was above the 200-day SMA ($729.47); below the 8-day EMA ($760.89), the 21-day EMA ($765.26), the 50-day SMA ($767.04), and the 100-day SMA ($759.65). That marks 3 consecutive closes below the 21 EMA.
QQQ closed at $685.28 on 2026-11-03. The close was above the 200-day SMA ($680.14); below the 8-day EMA ($700.91), the 21-day EMA ($714.87), the 50-day SMA ($723.93), and the 100-day SMA ($718.58). That marks 4 consecutive closes below the 21 EMA.
VIX 20.83 (-1.51%)
Opening
Single-name options flow is heavily skewed bullish today, with $148.9M in bullish premium against $37.6M bearish for a net of $111.3M. AMD dominates the tape with $73.3M in bullish premium, accounting for the majority of the day’s directional conviction. INTC and MRVL add another $26.7M on the bull side, while CIEN leads the bear case with $14.7M.





