Thread by @Fatty_Trades

Here is my morning summary of $SPY using data driven insights @Tradytics. The data provided will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇

The $SPY 1-day, 3-day and 5-day delta correlations all favor the upside based on historical correlations between delta structure & price. Dealer delta momentum still negative (-0.127) but shifting more positive.

@Tradytics $SPY Dark Pools help paint the the picture further. We have some DP levels above that could be resistance, but still supportive around $397. Block trade sentiment is basically neutral.

Now, take a look at @Tradytics 5-day market net flow and delta positioning across the market. We saw a massive call spike on Fridays close with market wide deltas shifting further bullish. We can see there is bullish structure up till 1/20 OPEX, then it shifts bearish.

We need to make sure we keep all the upcoming macro number releases in mind as they are the big fundamental drivers of the market. We have PPI tomorrow & jobless claims on Thursday. There is also a major Bank of Japan decision occurring tomorrow.

From a flow perspective, things are bullish until Jan 20 OPEX. If you are interested in viewing & using this data plus more with hundreds of other assets, use this referral link for a 10% discount:

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