In this pre‑market video, trader Dave Barnhart delivers two intraday trade setups—one for the SPDR S&P 500 ETF (SPY) and one for the ticker SUN (referred to as SON in the transcript). He begins by highlighting a recent 6.9 M‑share dark‑pool print on SPY at $689.60, then walks through a detailed technical analysis using multiple exponential and simple moving averages (8, 15, 50, 200), pivot points, Camarilla levels, and ATR values. Barnhart outlines bullish criteria (price above $691 with targets up to $700) and bearish criteria (price below $689 with a cascade of support levels down to $679). He repeats a similar methodology for SUN, noting a news‑driven gap up, recent dark‑pool activity, and a 400‑day moving average. He sets an entry around $13, bullish targets up to $15, and bearish stops below $12.60, again referencing pivots, CAM levels, and ATR. Throughout, he references a longer‑form webinar on dark‑pool analysis, urges viewers to like/subscribe, and promises a follow‑up results video later that afternoon.
Chapters
Good morning, traders. It's Monday, January 12th at 4:21 AM. All right, two trades for you today. We've got SPY and we've got SUN. All right, so SPY Friday, another 6.9 million share trade. Look at this, 689.60. So this is what, four something billion dollars right here? Let's just double check. 689. $4.7 billion. This trade is right here, $689.60. So you can see here, let's look, we've had our prints here. This is the last month we pulled back. We had prints here at the bottom, broke through the prints, came back, tagged my 50 simple, which is also another print here, which was at $12 million. We pushed up making a higher high, and look at the volume here on Friday, made a higher high, and that's looking fairly decent. But then this morning We're down about almost $5 coming back to this 8 exponential moving average. We've pushed off of this at the top here, so let's see if this is going to continue down. I can see the 15 exponential moving average, $687.50, down here with a target potentially, maybe not today but another day, if it's going to move down around $682 and back to the 50, $680. If we can close above Friday's candle, $694, $695 level, then we can get up to $700 perhaps. So let's go ahead and look at our intraday. We're going to be bullish above $691. We've got a pivot and a CAM sitting here at $690.70. So let's get above $691 because we'll be bumping our heads on this. This needs to be support. We need to break it, test, move up. Target $691.50. $691.91 is this 3.2 million share trade that I pointed out. $692.38 Then we've got 692.85 is, is the actual pivot, and we've got my, um, 200 simple moving average, 200 exponential moving average. This might be some resistance here, just be careful. 693.51, 694, 694.63, 695.19. You can see this is kind of tight in here. 695.76 and 696. Um, 653. I put this here as the, as the stop on that. The ATR currently is about 550, and so we can continue if this continues to go, then just follow that up with those being resistance that turns to support. So on the downside, we're going to be bearish below 689. It's getting close to that now. You can see here we've got this 6.9 million share trade from Friday. Put this line on your chart. We've got that. And then so this is trying to hold here a little bit. If we break below 689, target 688.50, 687.90, 686.86 is a 3.6 million, and then 686.72 is this S2. Then we've got 684.97, 2.8 million, 684, 682.50. 681.97 is a 2.9 million, and then 681.78 is the 6.4 million down here as well. Then we've got 680.59, which is S3. Now this is usually oversold, the S3 level. So anyway, if we, if we don't hold this, look at this down here, 679.11 and 679.10. This is 21 million shares right here, 21 million of them. So this, if we don't hold this, if we close below $679, then I think we can definitely move lower. Okay, let's go ahead and look at SON. Okay, so this one gapped up on news. It's going to be a great stock for 2026, whatever, whatever their reasoning is for it going. Let's look at what's going on in the last month because the prints come before the news. I've got a whole webinar on that, so check out my YouTube channel for, for that. It's 55 minutes. We do a deep dive into dark pools and finding trades, and we cover exactly this. So December 15th, we're going back one month. We had prints. This is a 400 moving average, by the way. It seems to hold. But anyway, we consolidated here, tested a print, pulled back, large print at the bottom. This doesn't get massive, massive prints like you can see 600,000, 500,000, but down here at the bottom there's 145K, and then we Break through the prints, come back, test the prints, increasing volume, and then Friday was massive volume. Tagged my 200 simple moving average, but we closed strong above the prints. And then look today. So this is already up 87 cents. The ATR on this one is about 63, but look, we've got a clear move up here to about 1420 anyway as far as moving averages is concerned. And we can go back and look at prints on later time on. Going back longer to see where we would have a swing target for that, but this might continue up. This is a classic break and move up, so we're going to be bullish above 13. Let's get above this. You can see I mentioned on SPY about the double pivot and cam, right? This one here, look at that. 1280 pulling back. We need to. We need to break above. This needs to be support to move on. So we're going to be bullish above $13. If we can, if we can close above this, there's $0.20 you can get, but I've got $13 as my entry point. Target $13.20, $13.50, $13.82 is our 3, usually oversold. Then we've got $14, $14.50, $14.84, and then $15. 1550 and 1586. What you want is the 4 and the 8 exponential moving averages to run together, and if we have a clean move up, it might blow through some of these depending on, on how popular this one is with the volume. So the downside, the retracement trade is going to be a little more difficult if you're going to scalp it. Bears below 1260 Target 1250, 1231, then we've got 1228. This is a double pivot and cam as well. Then we've got 1202— I'm sorry, 1203 and 12. So there's a print here that we blew through, so we could come back and test this and start moving up again. So this might be support here as well. We're getting into this support area anyway. Then we've got 1194. Is a cam. 1184, 1178 is the pivot, and then we've got 1166 is the cam. And this is also my peanut butter and jelly, my 200 exponential, 200 simple, and we've got this, uh, Camarilla here. And so there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff. Leave some comments in the comments section below, and we'll see you later this afternoon with our results video. Happy trading, everyone!
