As a result of RECORD volumes and RECORD dark pools in April. $SPY bullish engulfed an entire year worth of price action. Institutions clearly just made and continue to make massive investment into the market. It is really this simple. You are not bullish enough.

$SPX unusual 0dte bull debit flow

$BULL DARK POOL FLOW Institutional investors ARE involved $1.83M selling AUgust 20 puts The are willing buyers at $20 Currently $16 Tied to a $5.5M dark pool

I see a lot of retail investors taking profits on assets like $PLTR and $BTC with everyone in the comments cheering them on Meanwhile, institutional investors are drastically increasing their long-term stakes 🤔 Just an observation. 🤷‍♂️

Let's pair this with the fact that the $SPY's 4th largest sector, $XLY, has also seen unprecedented institutional investment over the last 5 years and is also heavily compressed for the last 9 months in an extremely bullish technical setup.