Whale Trades

04 — CHART MARKERS

BLUE WHALE — BUY POWER DOMINANT

PINK WHALE — SELL POWER DOMINANT

YELLOW WHALE — NO DOMINANT SIDE

A Whale marks a session where flow is concentrated — often an early heads-up that volatility is elevated, not a forecast of direction. The color shows which side’s power dominates the flow behind the marker; when neither side dominates, the whale is drawn yellow.

BLUE — buy power dominant PINK — sell power dominant YELLOW — no dominant side

Blue = buy-side power is dominant in the flow behind the marker. Pink = sell-side power is dominant. Yellow = neither side dominates — the balance is undetermined, and the move could develop either way.

Three sessions, one marker each, so the colour can be read against what followed. The whale prints early — well before the move — which is what makes it a heads-up rather than a confirmation.

**Blue — buy power dominant.** The whale prints around 08:00, hours ahead of the 11:00 push. XJER below runs green through the session, agreeing with the colour.

**Pink — sell power dominant.** Printed near the session high; price works lower into the 16:00 flush. XJER is red almost end to end.

**Yellow — no dominant side.** The session gets its outsized move either way: a hard drop into 10:00, then a full recovery above the open. Yellow calls the **size**, not the direction.

WHALECLUES · ETF INTELLIGENCE · section 4 of 10