ES
Dark pool — off-exchange short volume
Short ratio (latest)
53.6%
20-day average
58.3%
Off-exchange share (20d)
35%
Darkpool density
big day, short ratio above trendbelow trendbubble size = how unusual ($vol z-score)
Last ~6 months. Bubbles mark days of unusually large off-exchange dollar volume (≥1.5σ vs the trailing 60 days). Daily resolution — not print-level data.
Darkpool levels ±15% of spot, since 2018-10-01
78.89
0.18B
77.50
0.85B
76.12
0.79B
74.74
1.46B
73.35
2.43B
71.97
3.54B
70.58
4.56B
69.20
4.86B
67.82
5.05B
66.43
4.41B
65.05
2.86B
63.66
3.24B
62.28
3.59B
60.90
3.46B
59.51
3.04B
Historical off-exchange $ volume at price: each day's volume spread across that day's range, summed over the full FINRA history. Heavy shelves often act as support/resistance magnets. Amber row = spot's bin.
Off-exchange short-volume ratio
short ratio (20d, right) daily off-exchange share (left)
FINRA daily TRF data, last 2 years. A persistently HIGH short ratio is mostly passive market-maker liquidity provision (commonly read as accumulation pressure) — not naively bearish.