We 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.
📊 2,873,655 😱 ⚫️ #DarkPool
📊 6,683,190 😱
AAPL 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.
JPM 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...
High 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 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.
Corporate 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.
Shutterfly 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.
CINF is an S&P 500 index component. The chart shows a platform sideways pattern typical of Dark Pool hidden accumulation. This was followed by a long white candle that was not HFT driven. The stock is now in another consolidation, at a new high with more hidden accumulation.
This 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...
A 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...
CHKP is one of the few stocks that has breached its previous all-time high, corrected mildly and then resumed the uptrend to new higher highs. The stock has a mixture of retail traders, pro traders and mild Dark Pool accumulation at times. The momentum will stall intermittently with profit taking from professionals.