Thursday, June 4, 2026
Short Covering Rally
42%confidence
Correct
Classification Scores
Balanced Day
0.0%
Trend Day
71.5%
Expansion Day
32.8%
Short Covering Rally
80.0%
Liquidity Sweep
0.0%
Vol Compression
0.0%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS
Risk Level
High Volatility
Volatility State
Normal
VIX
15.19
ATM IV
—
Liquidity Regime
NORMAL
Standard dealer hedging dynamics — balanced order book
Structure Worked
Yes
Market Data
Open
7516.54
High
7598.19
Low
7516.54
Close
7584.31
VWAP
7553.90
Net Move
+0.90
Daily Range
81.6
pts
True Range
81.6
pts
ADR
56.6
ATR
61.2
Rel Volume
0.57
x avg
Expansion Ratio
1.44
Initial Balance Analysis
IB High
7557.73
IB Low
7516.54
IB Range
41.2
pts
IB Broken
Yes
Break Direction
UPPER
IB Outcome
IB broke upside — < 1.5x extension (NaNx IB range)
Outcome Assessment
GRADE
Correct
Accurate
Yes
Prediction Δ
0.30
Liquidity Score
19.9
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | IB broke upside — 1.5x extension (0.98x IB range) | Actual move: +0.90% | Expansion: 1.44x ADR