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 #Gamma based @Tradytics ghost zones are shown in the screen shot below. They range from 397 - 400 currently.

The $SPY 3-day and 5-day delta correlations all favor the upside based on historical correlations between delta structure & price. However, take note of the lower volatility (no ideal for intraday traders).
Dealer delta momentum still more negative (-0.183).

@Tradytics $SPY Dark Pools help paint the the picture further. 7-day volume correlations show things being pretty neutral. Mostly supportive levels below, however block trade sentiment is slightly more bearish.

Now, take a look at @Tradytics 5-day market net flow and delta positioning across the market. Calls are well above puts on the 5-day historical flow currently. Market wide deltas shifted bearish, however daily/weekly flow into Jan OPEX is more bullish.

From a flow perspective, things are still 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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Personally, now that PPI and the BoJ CPI data are both out, I'm watching $400 on $SPY very closely to see if we can close above and continue moving higher throughout the rest of the week, with jobless claims tomorrow morning in mind.