SpyGate Detection Table: April 26th, 2021
SpyGate ended the day Monday with a total of 116 program trades detected with only four sell programs in the morning. A light bot day. There were slightly more sells than buys. The day ended with a decent-sized difference of $5B to the sell-side on a day that traded about $32B total in detected programs.
A small sell program fired post-opening just before 10:00 ET. The morning was all about selling with a decent sell program firing at 10:17:33 with 26K trades on 287 symbols for $312M. The bots went to sleep from there into the last half hour of trading where sells out-numbered buys.
SpyGate Detection Table: April 27th, 2021
SpyGate ended the day Monday with a total of 119 program trades detected with six sell programs in the morning and no buys. A moderate bot day. There were more sells than buys. The day ended with a moderate-sized difference of $2B to the sell-side on a day that traded about $21B total in detected programs.
A set of large sell programs fired post-opening around 9:38 ET. The morning was all about selling with six sell programs firing in the morning.
Price Action During Program Trades
Despite program trading trying to push the markets lower, that 4169 level held strong and after a low of 4166 set at 10:16 was rejected, the bots stopped trying and the market rose back up into the noon hour. A pair of sell programs had some temporary selling, but the Final-2 hours starting at 14:00 found an early indication of a buy-imbalance into the close and off the markets ran into the high of the day around 15:40.
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