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Monday open board

WeeksVerified weekend book

Collect Wednesday, September 16 at 12:00 PM ET through Sunday, September 20 at 5:00 PM ET. Readout week of Sep 21.

What the market did

Monday gap, Friday regular-session close to the 9:30 AM ET open: equal-weight SPY, QQQ, and DIA are +0.77% from Friday's regular-session close. The cohort was 0% conviction-weighted bullish. Realized tape is bullish. Weekend Noise Index is 100% panic posts. The crowd is fighting the tape so far. The gap is Friday's regular-session close to the regular-session open. Descriptive only. Not a signal.

Conviction-weighted consensus

0% bullish · 100% bearish · crowd bearish

SPY+QQQ+DIA+0.77%against call from Friday's close

2 graded calls

Watchlist and viral posts share this weekly board.

Monday open board

Verified weekend book

Latest checkpoint

GC Scale: STRONG 70%+, PROVISIONAL 40–69%, WEAK under 40%; 0% is EXIT LIQUIDITY.

The Pulse Of The Market @smtraderca

Sunday, September 20 at 12:52 AM ET · verified

18%WEAK

“I hope you have picked up the cautionary messages as you were read through this weekly review. It appears the market is preparing for additional pullback. The market internals are flashing signs of weakness. All the major indexes other than SPX and NDX are in a near term downtrend pattern.”

bearishSPX, NDX

  • Mon noon, SPY ($770.73) +1.2%
  • Wed close, SPY ($767.81) +0.8%
  • Fri close, SPY ($771.35) +1.3%
Piggo's Trading Desk @piggostradingdesk

Wednesday, September 16 at 9:00 PM ET · verified

13%WEAK

“Major indexes remain near elevated levels but are facing increased short-term pressure as the 10-Year Treasury Yield moves above 5%. The combination of a 5.01% Treasury yield, elevated energy prices, increased volatility, geopolitical uncertainty, and stretched valuations increases the probability of continued sector rotation, profit-taking, and short-term pullbacks rather than uninterrupted market advances.”

bearishNo ticker named

  • Mon noon, SPY ($770.73) +1.2%
  • Wed close, SPY ($767.81) +0.8%
  • Fri close, SPY ($771.35) +1.3%
Market move used for grading

Market move used for grading

SPY
+0.60%
Mon open
DIA
+0.80%
Mon open
QQQ
+0.89%
Mon open
VIX
+1.01%
Mon open