Friday, May 8, 2026
Short Covering Rally
56%confidence
Correct
Classification Scores
Balanced Day53.3%
Trend Day52.8%
Expansion Day0.0%
Short Covering Rally76.1%
Liquidity Sweep0.0%
Volatility Compression0.0%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS
Risk Level
High Volatility
Volatility State
Vol Normal
VIX
17.19
ATM IV
—
Liquidity Regime
NORMAL
Standard dealer hedging dynamics — balanced order book
Structure Worked
Yes
Market Data
Open
7362.97
High
7401.50
Low
7362.97
Close
7398.93
VWAP
7381.59
Net Move
+0.49
Daily Range
38.5
pts
True Range
64.4
pts
ADR
57.9
ATR
69.1
Rel Volume
1.01
x avg
Expansion Ratio
0.67
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
-0.11
Liquidity Score
63.3
Mean Reversion
28.0
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | No IB data available | Actual move: +0.49% | Expansion: 0.67x ADR