Dark pool buy orders were detected in EEM stock on December 12, 2019.

Dark pool trades in EEM stock on December 12, 2019.

The first unusually large block that came off the dark pool looks like a sell order. As the day went on and the news media began reporting that a trade deal was imminent, two more unusually large block orders off the dark pool look like buy orders. Here is the day’s dark pool action on a volume candle chart.

Dark pool trades in EEM stock on a volume candle chart, on December 12, 2019.

Notice there were many other dark pool trades which is typical for EEM stock, but only 3 trades that were unusually large. We are guessing that the first unusual dark pool order was a sell because of how EEM price action immediately responded by going lower. Likewise, we are guessing that the last two unusually large block orders were buys because of how EEM rose.

The dark pool buying reinforces the idea that emerging markets are likely going to be the biggest beneficiaries of a trade deal between the U.S. and China.

Bullish Options Flow Detected In EEM Stock

The other way we can guess that the unusually large dark pool orders today were buying is by looking at the options flow in EEM stock.

Bullish options flow detected in EEM stock on December 12, 2019.

Click here to download today’s complete options flow activity in EEM stock in CSV format.

The options flow is clearly bullish as institutional traders buy call options in the wake of the large dark pool buy orders.

finviz dynamic chart for  eem
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