Tuesday, May 5, 2026
Short Covering Rally
44%confidence
Correct
Classification Scores
Balanced Day57.7%
Trend Day46.4%
Expansion Day0.0%
Short Covering Rally71.5%
Liquidity Sweep17.3%
Volatility Compression0.0%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS
Risk Level
High Volatility
Volatility State
Vol Normal
VIX
17.38
ATM IV
—
Liquidity Regime
NORMAL
Standard dealer hedging dynamics — balanced order book
Structure Worked
Yes
Market Data
Open
7233.62
High
7273.26
Low
7233.62
Close
7259.22
VWAP
7249.93
Net Move
+0.35
Daily Range
39.6
pts
True Range
72.5
pts
ADR
57.7
ATR
66.4
Rel Volume
1.03
x avg
Expansion Ratio
0.69
Initial Balance Analysis
IB High
—
IB Low
—
IB Range
—
pts
IB Broken
No
Break Direction
—
IB Outcome
No IB data available
Outcome Assessment
GRADE
Correct
Accurate
Yes
Prediction Δ
-0.25
Liquidity Score
53.6
Mean Reversion
41.3
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | No IB data available | Actual move: +0.35% | Expansion: 0.69x ADR