Spy 2/26/2020 Dark Pool Prints with Fibonacci Pull back to 61.8%The Spy pulling back off the run from Oct 3 to Feb 19 we are heading to the 61.8% with Dark Pool prints coming in at $311.50 Looking for a 2nd Price Target of $305.66
Darkpools
Short $SPY $SPX $SPX500 to FEB 5: 4 Possible TargetsWe saw massive block trades today in Daily Edge Live at the upper red dark pool level. We had these blocks on Friday as well. Bearish.
See attached TV idea below for additional reasons.
Jan 21
📈 $SPY
📊 2,873,655 😱 ⚫️ #DarkPool
💵 332.14
Jan 14
📈 $TLT
📊 6,683,190 😱
💵 138.82
JPM Dark Pool Quiet DistributionJPM has been running well over the past quarter. However, as the fractional and odd lot new investors buy, the giant Buy Side Institutions are selling. The white candlesticks over the past few days reveal just how heavy the Dark Pool large lot selling is, as the gains are below the previous highs. The risk is that the new investors may run out of capital, which could create a sell down at least temporarily.
AAPL Dark Pool DistributionAAPL has reached new highs recently, moving up due to new investors buying fractional shares of this stock. However, Dark Pools are selling large lots as AAPL moves up. If the fractional investors stop buying, the sell side pressure will increase at least temporarily.
ADBE Correction BouncesCorporate buybacks struggle against heavier rotation by Dark Pools. ADBE steps downward to bounce at support levels.
MDLZ Forms Long Platform PatternMDLZ has developed an unusually long Platform candlestick pattern at a new all-time high. The highs and lows are quite uniform, which is often the footprint of Buy Side Institutions using Dark Pools.
WMT Rises on Buybacks Despite Dark Pool SellingBuy Side Institutions using Dark Pools have been intermittently selling off blocks of WMT over the past year. Meanwhile, corporate Buybacks have buoyed price to maintain a higher high trend.
SREA IPO Takes Off with GustoSempra Energy had a strong Earnings Report, with a turning point from negative to solid profitability. Sempra is moving up with some Dark Pool Quiet Accumulation.
GOOG HFT Gap Followed by RotationHigh Frequency Traders’ huge flood of pre-open market orders gapped GOOG up. This was immediately followed by a surge of Dark Pool Quiet Rotation™. Dark Pools are using Buybacks and High Frequency Trader gaps to sell, in order to lower their inventory of stock.
AMZN Buybacks Run Stock Prices UpAMZN ran up on buybacks that moved the stock up rapidly. Meanwhile, a slow and steady Dark Pool Quiet Rotation™ Pattern with incremental selling of this stock continued. The stock faces stronger resistance above the current price.
AAPL Losing Institutional InterestAAPL is now below 60% of its shares held by Institutions. Dark Pools continue to slowly rotate out of AAPL, even as the stock bounced up on corporate buybacks recently.
AAPL Stock Price Collapses Despite BuybacksCorporate Buybacks fail to maintain the uptrend for AAPL as Dark Pools commence their late spring hidden rotation selling to lower their inventories of high-risk stocks. AAPL has gapped and run down dropping more than 25 points in a couple of weeks.
SFLY Intermediate-Term Bottom ImprovementShutterfly Inc. has been working on an intermediate-term bottom for most of this year. Momentum has moved the price up to just below the bottom completion level. There is also a Shift of Sentiment on the Balance of Power Indicator revealing Dark Pool intermittent Quiet Accumulation.
SBUX: Speculative with declining volume, no Dark PoolsThis chart pattern is highly speculative. This doesn’t mean the stock won’t go higher but that buying it at this price is a very risky situation. On the weekly scale, the trend is bending under selling pressure as smaller funds and retail buy because the stock has been moving up. This is NOT a Dark Pool accumulation mode. Volume is declining steadily also. Volume that declines precedes a correction, either sideways action which means more upside eventually, OR a downside correction to a support level where fundamentals meet technical price levels.
JNJ: Stuck in a trading range, buybacks are supporting the stockA weekly chart reveals the long-term trading range in which JNJ has been stuck. This Dow component ran up due to buybacks around the start of this year. But the trend and volume-based indicators show a lack of quiet accumulation by Dark Pools. The stock slid down ahead of its earnings release today and gapped up slightly on the report, but there has been considerable profit-taking today as well. So JNJ remains bound in a narrower range just below the trading range highs, where it could languish for some time.
AMD: Large Lot Appears in Pre-market from the Dark PoolsAMD is once again in the pre-market activity trading and the stock price is up ahead of the market open. A large lot surfaced from the Dark Pools on the retail side of the market. This is a rare event, indicating that a large institution is accumulating AMD.
ATVI: Rounded Bottom with Dark Pools WaitingActivision Blizzard Co is developing what will become an intermediate-term rounded bottom formation, aka bowl bottom. It is about 25% to completion. Large-lot indicators have not formed a shift of sentiment pattern yet, as smaller funds’ VWAP orders continue to trigger in capitulation mode. The smaller funds are giving up on ATVI as it bottoms. The Dark Pools will wait to see if the stock will drop further due to the smaller funds dumping before they decide where to set their TWAP orders. ATVI is a gaming company that is gearing up for Augmented Reality.
Small Cap Stock to Watch: NSTG with Dark Pools, Pro TradersNSTG had a speculative momentum run out of a short term bottom. This small-cap stock has finally broken out of its long term trading range to a new high. Now it needs to shift sideways to avert a falling stock price. There is some mild accumulation in the consolidation patterns that are representative of one or two Dark Pool giants and some pro traders who both stabilize and control price to a neat and tidy-looking consolidation.
NSTG is not a buy at the moment as the run is overextended at this point, but it is worth considering for a possible watchlist candidate since it is in Nano technology, which is finally forging ahead again with more products moving to the market acceptance phase.
KO Earnings: Dark Pool Rotation vs. BuybacksCoca Cola has been in a major buyback mode for its stock in an attempt to move the price up. The buybacks have faced heavier than normal Dark Pool rotation (large lot selling) against the automated buyback orders. Recently the buybacks have increased, creating some interesting anomalies in the large lot indicators as well as in price patterns. Retail traders, who trade this stock heavily, are often fooled by buyback candlestick patterns. Institutional holdings has declined, which is unusual during a buyback mode.
AKAM: Dark Pools & Pro Traders Patterns Ahead of Earnings TodayAkamai Technologies Inc. reports earnings today with a solid start to a bottoming formation with Dark Pools' and then Pro traders’ footprints. The stock is currently at a completion level for the short term bottom. A Shift of Sentiment™ pattern formed between October and January. AKAM moved lower before finding the final low support from a previous Dark Pool Buy zone while Accumulation/Distribution indicators exposed the positive divergence. The pattern is a setup for a swing trade, not a position trade opportunity yet.
UTX: Pros Set Up for Earnings Today While Dark Pools RotateUnited Technologies Corp Weekly Chart removes the white noise of the daily candlestick patterns, revealing a cleaner perspective of who controls price for this stock. UTX is bouncing up after hitting support levels AND with professional traders setting up for earnings news. The precision trading of the professionals is not impacted by the slow hidden rotation pattern revealed by the Accumulation/Distribution indicator on the weekly scale. As the stock price rose, large-lot Dark Pools sold (rotation), hiding their activity. The rotation is not about this report; those buying and selling adjustments occurred in November and December. This rotation is about the first quarter earnings report for 2019, which will come out in April. Dark Pools make decisions 1-3 months ahead of the earnings reports. Today UTX is reporting last year’s results, ancient history for the Dark Pools. The pro traders are gearing up for HFT action on this high-profile stock.
LRCX: Dark Pool & Professional Trader Patterns Ahead of EarningsLRCX has an important technical pattern. The stock chart is technically precise. Lines drawn on a weekly chart match perfectly to daily support levels. This is not always the case. The technical precision of certain areas of this chart shows where the professionals have entered and exited. The ability to see the footprints of Dark Pools and Professional Traders is what I have termed Spatial Pattern Recognition Skills for Traders™. This technical analysis skill makes a huge difference in your end-of-year profitability from trading stocks whether you day, swing, position, momentum or intermediate-term trade.
AAPL Technical Pattern: Dark Pool Rotation AFTER Earnings SeasonOne of many things I strive to teach my students is to watch what happens to a stock immediately AFTER an earnings season. This is the telltale activity of the Dark Pools who prepare for the next earnings season weeks ahead of those reports. So when AAPL started showing signs of large-lot rotation in September and into December, that was your cue that this big bellwether had slammed into a Market Saturation Phase hard, very hard.
CEO Tim Cook warned this morning that quarter 4 of 2018 is going to have significantly lower revenues. AAPL has been making minor enhancements to its iPhone for years and running on fumes without any new exciting products coming through. And NO, the Augmented Reality it has hurriedly rushed to promote is not true AR and will not likely help the Market Decline Phase. It could take a long time to recover with no new technology emerging from this company for this year or longer.
