Quick Market Update - It's Dark Pool Season (Largest Prints All Time)
Euphoria in Memory, Software Pain Trade, and Korea Melting Overnight
First of all, let me start by saying if you aren’t leveraging VolumeLeaders.com the alpha generated on that platform cannot be understated. Incredibly useful tool for my own trade and investment idea’s. Now Let’s Dive In.
Massive Dark Pools
The QQQ’s saw the 2nd Largest Trade Cluster (All Time) today.
DIA - The Dow saw the #1 Print Hit the Tape
SNDK - Sandisk 2x Levered ETF Gets a #1 Print (SNXX)
If you have been on the fence for joining the premium sub, take advantage of the summer discount, cheers!
What Does All This Mean?
My lean has been that we see some weakness this week before the market rallies in the 1st Half of July. These prints strengthen my thesis of short term weakness. Will need to see how things play out over the next few days to see if that July rally shows up.
Want to see if that 7330 level is tagged and how the market reacts from there. A flush under there could setup a lower low below 7260 level. Would be surprising to see in July but with this market, maybe it comes fast.
KOSPI - Korea is beyond extended on longer time frames.
(Full Disclosure, I am currently short via 3x ETF KORU)
The memory euphoria begins and ends in Korea. Watching for









