$TSLA breaking out of this coil would lead to a HUGE momentum move - maybe new ATH...... MACD golden cross (on both daily and weekly charts) definitely a great signal......
$QQQ - A range has developed near ATH, with institutions printing large trades on both ends.
#1, #4, and others arrived near the low of that range (~ $705).
#3 and others arrived near the high of that range (~ $740).
Yesterday's #28 arrived at the close at the midpoint of that range (~ $722) and has resolved higher.
Also, fwiw, today is EOQ and institutions appear to have begun their work early. Lots of $SPY surrogate ETFs printing w/ size this morning (not pictured).
https://t.co/i5V7d5Evfk
Let's do some charts. Not going to take requests tonight, but I'll dump a handful in this thread.
Starting with $MU - which got $ 22B+ of rebalance (and whatever else the villains could squeeze into that closing auction on Friday).
More can be found on the site.
https://t.co/i5V7d5Evfk
Memory stocks have likely either topped or are gearing for the next leg up. At the close today, $MU #1, $SNDK #1, $DRAM #2 all time trades hit the tape.
Credit: @VolumeLeaders
The sub pays for itself folks
$SPY, $QQQ - Happy Russell Rebalance day to all who celebrate.
With data going back to 2004, today was the largest day on record for VL. The previous record came a week ago on June OPEX. Before that, Dec 2025 OPEX.
Accordingly, there were:
342 trades ranked largest since inception.
108 trades valued at over $1B
5 trades valued at over $10B
4 trades valued at over $20B
and a partridge in a pear tree.
The largest of all was $AAPL.
$25B across 88.1M shares @ $283.78.
2nd largest since inception.
1267x avg size.
Largest trade since Sept 20, 2024.
https://t.co/i5V7d5Evfk
$TSLA - Didn't make many friends w/ this post after #4 arrived - but such is life. Six months have passed and price is at another crossroads.
Today's rebalance has coincided with a $3B closing print ($4.5B cluster), and price parked on the #3 ranked level. Price doesn't *have* to turn back up here, but reclaiming $382 and holding would go a long way towards that.
As an aside, $KARS #2 also printed today. This ticker is pretty thin, and I wouldn't trade it directly, but $TSLA comprises about 5% of it and positioning suggests buying is more likely than selling given the decline over the last several weeks.
Nothing to do until Monday at the earliest.
Nothing near-term bullish below $382.
Something to watch.
I have no position.
3-day free trial. Full access.
https://t.co/i5V7d5Evfk
$IWM - Largest trade since April. Third largest this year. Wicked it up to a hair shy of $300 just in time to settle the close there.
$890M, give or take.