Market Pulse
SPY closed at $766.81 on 2026-11-04. The close was above the 8-day EMA ($762.20), the 21-day EMA ($765.40), the 100-day SMA ($759.90), and the 200-day SMA ($729.91); below the 50-day SMA ($767.06). That is the first close above the 21 EMA.
QQQ closed at $691.95 on 2026-11-04. The close was above the 200-day SMA ($680.56); below the 8-day EMA ($698.92), the 21-day EMA ($712.79), the 50-day SMA ($723.56), and the 100-day SMA ($718.29). That marks 5 consecutive closes below the 21 EMA.
VIX 16.61 (-20.26%)
Opening
Bullish premium dominates at $223.2M versus $51.7M bearish, a $171.5M net bull skew. BRKB drives the conviction with $113.3M in bullish flow, dwarfing every other name on the board. Bearish activity is concentrated in SPCX at $28.8M, with the remainder of the bear side thinly distributed.
