SPY and TSLA Flows Look Strong - But Something Feels Off Under the Hood
Not trying to be a doomer, but after watching the action into close today, it’s hard to shake the feeling that something doesn’t add up:
SPY dark pool inflow was heavy, yeah, but the majority of the late prints were at bid, not ask. That’s smart money selling into strength, not loading for continuation.
TSLA was heavily distributed at the top, despite the media pump. Price action stayed glued to gamma walls, no real organic movement past resistance.
VIX dropped but didn’t collapse, which is weird. If this rally was legit, VIX should've flushed much harder. Holding above 23 tells me big players are still hedged.
After-hours was "calm", but a little too calm. No meaningful momentum, no real follow through.
It’s hard to call tops, I’m not claiming to. But between the sell-side dark pool flow, the late-day bid prints, and VIX refusing to die, I’m definitely raising an eyebrow.
Just my two cents.
Make sure you have a plan, not just hopium.
Stay sharp boys.