Market Pulse
SPY closed at $759.97. The close was below the 8-day EMA ($767.14), the 21-day EMA ($768.82) and below the 50-day SMA ($767.81).
QQQ closed at $704.40 on 2026-10-23. The close was below the 8-day EMA ($717.97), the 21-day EMA ($727.33), the 50-day SMA ($725.81), and the 100-day SMA ($719.51).
VIX 19.45 (+2.21%)
Opening
Single-name options flow skews heavily bullish at $50.7M versus $20.7M bearish, producing a $30M net bull read. MU leads all names at $15.6M, followed closely by GE at $14.3M. TSM is the dominant bearish conviction trade at $11.6M.





