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mortdiggiddy
Jun 20, 2018 3:27 PM

Up or Down? 

SPDR S&P 500 ETF TRUSTArca

Description

Gaps circled... but this BIG dark pool level is powerful for a bounce. QQQ IWM VXX DIA DXY TLT

Comment

Old dark pool level @ 275.70 from February held the low just above yesterday's close.

Comment

On Feb 5 of this year there were approximately 60 individual 501k sell blocks from dark pools (probably Goldmann Sachs) selling at that level. That was the huge down down day where the dow jones lost some 1000 points. They will act as barriers later depending on the size and relevance.

Comment

DIA and DJI managed to go ALL the way down to fill the May 31 Gap. We may be able to rise off the month pivot (thick cyan line below) tomorrow and start a trend up next week? There are 3 gaps unfilled above. Dow Jones performance has been utter crap compared to the other indices.

Comment

Forget to circle yesterday's gap, also unfilled.
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