Daily crowding read · Monday 03 August 2026 US close · updates every market day
AT&T — US telecom carrying wireless and fiber.
leaning short
WHY Short-side flow running above its monthly norm with price soft (-5.2% on the week) — a bearish tilt, not yet extreme.
THE LAST FIVE SESSIONS
Five days of short-side flow share (and close). Red = heavier than this name’s own monthly norm, green = lighter.
HOW WE READ T
Every trading day, FINRA publishes how much of T’s volume traded on the short side. We rank today’s share against this name’s own trailing month (30 sessions of history): today sits at the 87th percentile. Flow is then read with price — heavy short flow into a falling price is pressure; the same flow into a rally is mostly market-maker machinery. Days with volume shocks (earnings, news) are flagged post-shock and never read as clean signals. The result is the state badge above — a description of the crowd, never a buy or sell call.
WHAT THE PRE-MARKET BRIEF ADDS FOR T
- Exact watch levels for T — the price and flow marks that would flip this read
- The historical base rate: what happened the day after setups like today’s, with sample size
- The full 50-name state grid with filters — see this name in market context
- Delivered before the US open, every trading day
Green = buyers/long side dominant, red = short side pressing; darker = more crowded. Single days are context — persistence is signal. Full reading guide →
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Positioning data describes what large traders held as of the report date, published with a lag. It is a crowding and context gauge, not a trade recommendation. Nothing here is investment advice. Source: CFTC (public domain). Daily flow data: FINRA Reg SHO (short volume is not short interest and is partly market-maker activity); prices: public market data.