Day 7 of a Green phase that usually lasts ~12 days (median 10) and is 58% done.
This leg +1.2% vs typical +3.7%.
Breadth diverging with more new lows than highs, momentum down, and 39% near 52-week highs.
Stock correlation at 1st percentile signals healthy dispersion, not herding.
VIX at 16 vs Green avg 18.
Only 1 distribution day this leg vs avg 2.6 and drawdown just -0.8%.
Next phase tends to be Yellow 69% or Orange 23%.
Not financial advice.
๐ข History says Yellow comes next ~69% of the time.
Day 7 of ~12 in Green, watching just 1 heavy-selling day vs avg 2.6.
Follow for the daily cycle read.
$SPY $QQQ $VIX
Day 6 of a Green phase (median 10 days), about 50% through. Typical gain ~3.7%, this leg +2.0%.
Breadth confirming: more new highs than lows, momentum rising, 73% of stocks near 52-week highs.
Stock correlation at 1st percentile signals healthy dispersion, not herding.
Fear gauge at 16, below the Green-phase average of 18.
No heavy-selling days this leg, versus average 2.6.
Drawdown just 0.1% below the recent high.
Yellow tends to follow 69% of the time, Orange 23%.
Not financial advice.
๐ข History says Yellow comes next ~69% of the time.
Day 6 of ~12 in Green, 50% through.
0 heavy-selling days so far.
Follow for the daily cycle read.
$SPY $QQQ $VIX
Day 5 of a Green phase that usually lasts ~12 days (median 10). Move so far +1.8% vs typical +3.7%. 42% through.
Breadth confirming the phase: more new highs than lows, momentum up, 70% of stocks near 52-week highs.
Stock correlation at the 1st percentile points to healthy dispersion rather than herding.
Fear gauge at 16, below the Green-phase average of 18.
No heavy-selling days yet versus 2.6 average. Drawdown just -0.2% from the high.
Next phase is Yellow 69% of the time or Orange 23%.
Not financial advice.
$OKLO moving off some news that itโs been picked by the department of energy for use of surplus plutonium.
Perhaps this is the catalyst to get the uranium names moving again.
@ToTo80036490@unusual_whales Absolutely I noticed them but itโs always hard to tell. This time it worked - Iโve noticed similar buys like this and nothing panned out
The guys who bought the June 5th weekly puts in $FUTU a few days ago are happy today.
They grabbed the 125,120,115, and 110 puts for around 3$-1$.
These will be going for 35-45$ each at the open.
10-35 bagger !
@unusual_whales