DARK POOLS and SMART MONEY US
there was interesting action end of day
Smart money strategically entered the market just before Friday's anticipated surge, and now they appear to be offloading their positions at today's peak. It seems like their intention is to push the market back toward maximum pain levels: QQQ at $367 and SPY at $430.
Maybe we see some sell-side into Friday, a lot of people are sitting pretty on their options after today's action. This would also align with seasonality but i did mention earlier that if we repair the technical damage by 19th - it bodes very well for an end of October run
daily recap on the US markets
Day traders' after-market lounge October 17, page-9
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