Thread: When looking at #darkpool trades that are placed deep in after hours, there can sometimes be key aspects of this information that can help you understand market dynamics going into future trading sessions. Here are some tips on how to utilize this information better:
1/ Looking at $SPY from its activity on Oct 4th, the dark pool level information was showing us that there was support being created at price point 427.10. Although it dipped slightly below this price for a moment, the support level held strong and closed above it for the day.
2/ Although $SPY receives large orders of $100M almost on a daily, we saw extremely large orders over $400M at price level 428.64 which pushed up the support zone and signaled a high probability institutions were buying these up resulting in some bullish price moves for Oct 5th.
3/ Look for names that don't usually catch this type of dark pool activity especially after hours. For example, $PDD activity is usually around $20M on average. Anything over $200M should grab your attention.
4/ There was a lot of names in the list that were catching premiums of over $100M. This is unusual and if combined with the information above, can provide you with invaluable insights going into the next day or week.
5/ Lastly, you can get all this information from our real time dark pool feed and get a better view of all the levels we described from our new feature we just launched today!
• • •
Missing some Tweet in this thread? You can try to
force a refresh