In this intraday market commentary, the host reviews two trade setups: the newly listed SpaceX IPO (ticker $SPCX) and the QQQ ETF. For $SPCX, he highlights massive dark‑pool prints on the opening day, identifies key bullish and bearish price zones, and lists multiple target levels (e.g., bullish above $172.50 with targets up to $189.45, bearish below $165 with support down to $151.48). He notes the uncertainty of the true ATR after only one day of data. For QQQ, he examines recent large institutional trades, outlines a bullish scenario above $737.50 with targets up to $757.07, and a bearish scenario below $733.50 with several cam (candle‑adjusted) levels and moving‑average support (50 SMA, 200 EMA/SMA). The presenter recommends a dual long/short intraday approach, cautions on risk, and ends with a call to like, subscribe, and a mention of Mobitick’s partnership with TrendSpider for real‑time institutional trade data.
Chapters
Good morning, traders. It's Monday, June 15th at 4:18 AM. All right, 2 stocks for you today. We got SpaceX IPO happened on Friday, I think, and also lots of dark pool activity in that. So we've got that one even though we've got our second daily candle forming. Lots of, uh, institutional activity there. And we've got QQQ. So let's go ahead and have a look. SpaceX on the right-hand side, you can just see on the opening day we got all of these prints. There's tons And tons of them. These are the the ten largest ones, all in all in that day. Two hundred K, two hundred K, things like that. Millions and millions here. So let's go ahead and look on the intraday. You can see that the prints are automatically overlaid, and you can see as well how the price action works with these institutional trades, right? So when you see this at the top pulling back. you can see these candles come down, tag the prints, move up, tag the prints, move up. And so where we're at now, right at this $170 level, is a $770K print, which is a lot of money there. So let's zoom in and see where we can go with this. We're going to be bullish above $172.50. Let's get above here, the top of this candle. Target $175.20 is R1, and $175 is $147,000. K as well. So 175.20, 177.50, 180, 182.50, 185, 189.45 is R2. We don't know what the true ATR of this is only with one day. So anyway, it can move. You can see that the ATR range was quite big on the opening day. We're going to be bearish below 165. Let's get below here. This print right here, 165, the 700K print target, 164, 163.44 is a cam. 162.27 is the pivot right down here. Then we've got 161.38. 159 is 198K right here. 158.46 is a, is a cam. And then 158 here. This 200K print is this recent low. Let's be careful of that. 155.97, 155 is 258K. Then we've got 153.48, 150. And then if we break below this 155, then we, yeah, we can come down to 151.48.02 is this S1. So you've got some pockets there to trade. On that one, let's go ahead and look at the QQQs. All right, so the QQQs, this one, it looked pretty bearish here. These are the largest trades in the last month, and you can see this massive looks like selling at the top. Nine, eleven, thirteen, fifteen, about sixteen million here all in these couple days, and we went from a high here of seven forty-eight. All the way down here to a low of 686. So that was that was quite the move. We had the original prints here May 19th. We pushed up back, tagged the prints inverted hammer here. This one here on June 11th opened, tagged the print, and there were prints that day moved up. And then we opened here held, and then now we're off to the races. So if we can get above these prints here. And close above that, then it looks like we'll probably move up. And overall, if we move down below this, the $693, then they're probably selling. But it looks like potentially pulled back to move higher. So without a bias, since we're intraday trading, we're going to have a long and a short position. Bullish above $737.50. Let's get above here. We're getting close to that target, $740. 33 is this 9 million like I was mentioning. Then we've got 742.69, 744.34 is R3. So we've got a couple of prints here, but this R3 is usually overbought. Like, we're already up $15 today. The ATR is $15, but it's, it's pretty strong with that, um, whatever the news is. Then we've got 746.25, 747.50. 750, 750, 250, 755, 757.07 is R4. So if this continues to move up for the retracement, we're going to be bearish below 733.50. Let's get below this candle, 733.50. Target 732.50, 731.61, 730. 728.34 is the CAM. 726.47 is R1. Then we've got 724.84, 723.67 is a cam, 722.51 is this cam right here, and 720.17 is this cam. And I stopped right here. This is getting really tight. This is the post-market right here. I've my 50 simple moving average, 200 exponential, 200 Simple moving average, and this is massive support. You've got one, two, three cams, and then these moving averages here, and then this is also support back here. So I would be careful. That's why I called that the end on that retracement. Okay, there you have it. Those are your two trade setups for today. So please like, share, subscribe, and leave some comments in the comment section below. I always like hearing from our traders. And we will see you tomorrow with all new trade setups. Happy trading, everyone. Mobitick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
