🧠 Why does price have memory?

Because pivots form where institutions choose to do business—again and again.

Here’s $SPY over the last 30 days using VolumeLeaders Levels. Notice how each turn aligns with footprints left by institutions.

Let’s walk through them 👇 Pivot 1: Institutions load size at the bottom.

•Large clustered trades define the first memory zone
•Price reacts with a clean bounce

Most people #trading the #StockMarket see this 👇
The volatility looks like a payday and I want to get long, but:

- Where do I want to buy a pullback?
- How do I know if I’m wrong?
- What confirms I’m right?

The answers are in the context. Let’s dig in 🧵 Here’s what VolumeLeaders subs see👀

Notice the cluster of red dashed levels — each line is a point of high institutional activity. When tightly packed, these levels form a liquidity box where institutions are campaigning.

🚨 Market leadership is collapsing 🚨
The latest Institutional Conviction Score (ICS) readings show a sharp divergence: #EnergyStocks and #TechStocks remain strong in the 80s–90s, while every other sector is breaking down. This is real‑time #MarketBreadth deterioration. Let’s dig in. 👇 ICS is VolumeLeaders’ proprietary measure of institutional positioning. It's tracked on a name-by-name basis and can be rolled-up into aggregate views as we're doing here for sector analysis. When prices are persisting above recent #InstitutionalFlow , the score rises. Rising scores tend to be bullish, falling scores bearish, and extremes often mark #Trading setups for mean reversion.

$SPY, $QQQ -

I'm going to post a bunch of charts in this thread.
I'm not going to do analysis on each of them.

This is information for you to use. It comes at no cost. If it's useful, great. If it's not, nothing was lost.

But please:

Do not ask me "buy or sell."
Do not ask me "up or down."
Do not ask me "bull or bear."
Do not ask me "calls or puts."

Do not ask me if I have any thoughts. I don't.

This is rapid fire chart porn. After that, it's up to you.

Take this info. Combine it with some TA. Sprinkle some macro on it. Stir it up, bake at 350 for 20 minutes, see what comes out.

Do your best. Try to work it out. I have to walk the dog, eat a burrito, go to the gym, and then fix about 30 bugs. My night is already gone. GL. $NKE

Let's talk about offsetting trades.

(I'll make this worthwhile, bear with me.)

---

Volumeleaders automagically identifies large odd-lot trades that are of identical size within 90 days of each other. The assertion is that the first is an open and the second is a close.

1/n Such trade pairs don't have to be one open and one close. After all, we can't know *exactly* what institutions are doing. We only know each time a trade occurs. They are atomic. They are discrete.

We can't even know if it's the same institution(s) on both trades.

2/n