$SPY The SPY is up +%1 today from intraday lows.
Could we have saw this coming?
When you look at the 2 day Unusual Whales market tide, yesterday's volume action (Blue Arrow) was a good precursor to todays price action.
Take a look; You can see that the call volume from yesterday continued to get higher into closing. Although this is not a confirmation of next day price action, today we see a continuaion of positive call volume.
At market open, we saw that there was a battle between call volume and put volume. Although there was some slight back-and-forth between call volume and put volume, the volume numbers weren't large until around 8am AM. At that time, call volume started to climb much higher as put volume failed to be present (Orange Arrow).
In addition, we can see that call premium (White arrow) continued to climb higher as put premium stayed flat, and even went negative at times. Then around 9:30 AM PST, we see a large drop in put premium (red line). This allowed the SPY to continue to climb higher on the day. Call options continue to increase in value, well over 200% return on investment.
$547.78, what a random price to find resistance at 🤖🎯 Nice rounded bottom through the breakout. Overlayed a couple things on the chart. About $3 Billion in dark pool prints between 546.84 and 546.86. Also, $7.95 Million in put writing/selling on the 7/19 $540s. I'm looking for continued upside as long as price is above the S/R zone between 544.12 and 543.46. $SPY
WATCHED IT LIKE A HAWK. AND BAM. RIGHT WHEN THOSE CALLS started a COMING in on the #0DTE side for $NVDA, our hawk senses ACTIVATED AND WE WENT LONG!!!! ohhhh baby is SpyGlass the goat. Got in around that 920.40 zone ish. Very nice W for sure. $SPY $QQQ $SPX #Gamma#OptionsFlow
🌊SUPER FLOW🌊
New @unusual_whales video: Super Flow Breakdown
- How to find and Navigate Super Flow
- How to set up Dashboard (you can have several!)
- Walk through on how to set up Tide and Flow-Specific Dashboards
I use it daily; makes seeing what I wanna see much easier!
🚨NEW VIDEO🚨
Using @unusual_whales Flow, we track an astounding $GME trade that hit the tape before the rally
We track the trade from start to finish, from the first transactions on 4/25 at $0.12/contract
They reached a high of $36.42 per contract 🤯
@assfacecapital @gambit88099 Calls went positive at 2pm and when market dipped calls remained above “0” and when volume increased from 2-4pm calls exploded
Now that the $SPX 3rd wave 4960 target has been reached, the 4th wave pullback is imminent.
The 4th wave has targets of 4890-4865 with the loss of 4940 being a strong warning sign of that.
Once the 4th terminates, price should produce the final 5th wave rally before the multi-week pullback.
$SPY $ES_F $NDX $QQQ $NQ_F