Rhythmic

Rhythmic

We are possibly in technically uncharted territories now that the SPY has broken it's long term upward trend and has now tested and confirmed a new downward resistance level. The market structure is also supporting a downward trend, with few points of volume showing sound structure through out the SPY -- in other words the SPY's profile structure is somewhat...

Rhythmic

This idea takes some latitude when referring to the AMEX:SPY using the ES1! chart, both being a derivative of the S&P and understood as being similar when moving at a macro level (higher time frames). Previously the recent observable trend was that there was a high chance that the AMEX:SPY would dip soon after options expiration, which it did, followed by a...

Rhythmic

The last 7 out of 11 months has shown us a significant pull back in the SPY / ES1 either right after or soon after options expiration. Just a simple observation.

Rhythmic

AFRM Long - Affirm Holdings, Inc. - The Triple Affirmed Play (Flow, Dark pool, and Capital Inflows into Tech) This long biased thesis is based on the following factors: An aggressive series of short term bullish call option flow totaling $413.5k with a strike price of $70 coming in within the last 20mins of the day (July 1st) that exceeded Open Interest. ...

Rhythmic

NYSE:CAT Short - Caterpillar, Inc. - The Double Top Drop This short biased thesis is based on the following factors: A double top that was recently formed and confirmed A Bearish Three Black Crows candle stick pattern followed the second top (of the double top) A large series of dark pool prints totaling around $882M came in on June 25th, all around the...