Market Pulse
SPY closed at $769.66 on 2026-10-27. The close was above the 8-day EMA ($767.39), the 21-day EMA ($768.61), the 50-day SMA ($767.53), the 100-day SMA ($758.38), and the 200-day SMA ($727.76). That is the first close above the 21 EMA.
QQQ closed at $721.25 on 2026-10-27. The close was above the 8-day EMA ($717.70), the 100-day SMA ($719.00), and the 200-day SMA ($678.23); below the 21-day EMA ($725.53) and the 50-day SMA ($725.26). That marks 10 consecutive closes below the 21 EMA.
VIX 17.52 (-4.73%)
Opening
Single-name options flow is modestly bullish on the day with $4.1M net premium favoring calls. TSLA leads all names at $12.2M bullish, followed by AVGO and NOW each approaching $7M. The bear side is dominated by CDNS at $17.0M and MU at $13.7M, concentrating bearish conviction squarely in semiconductors and EDA software.





