Cobra's Market View

Interesting UF Similarity Search on SPY. Similarity Search finds similar historical price patterns and displays how prices moved on those days.

Nice dark pool print support forming on SPY too.

Net Option Flow switched between bullish and bearish on SPY today, now bullish, with smart and momo both buying and dark pool print support

Today's SPY chart signaled bearishness in the premarket, then Net Option Flow switched the bullish at the lows of the day

Net Option Flow switching back and forth from bearish to bullish predicting the moves of today, dark pool support forming

Net Option Flow looking bullish on SPY, momo monday mornings means retail was doing most of the price setting today, but smart has flipped to buying

SmartFlow chart today for SPY, both bullish and bearish Net Option Flow

Here's Net Option Flow on SPY for the day:

Net Option Flow looking more bearish than bullish on SPY

Bearish Net Option Flow, bearish SmartFlow, and dark pool prints above the current price acting as price resistance on SPY so far

So far Net Option Flow on SPY is bearish, orb to the downside, bearish bias but we'll see if it's a breakdown or a fakedown.

Smart and momo both selling for most of the day.

Net Option Flow switched bearish and smart money continues to sell

SPY Net Option Flow looking bullish in the morning, smart money selling modestly into the rally