Monday, July 6, 2026
Short Covering Rally
58%confidence
Correct
Classification Scores
Balanced Day26.9%
Trend Day33.8%
Expansion Day0.0%
Short Covering Rally70.8%
Liquidity Sweep0.0%
Volatility Compression14.4%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS • ✓ CLEAN TREND
Risk Level
High Volatility
Volatility State
Vol Normal
VIX
15.94
ATM IV
—
Liquidity Regime
NORMAL
Standard dealer hedging dynamics — balanced order book
Structure Worked
Yes
Market Data
Open
7506.96
High
7551.31
Low
7500.97
Close
7537.43
VWAP
7526.46
Net Move
+0.53
Daily Range
50.3
pts
True Range
68.1
pts
ADR
80.2
ATR
90.5
Rel Volume
0.32
x avg
Expansion Ratio
0.63
Initial Balance Analysis
IB High
7527.47
IB Low
7500.97
IB Range
26.5
pts
IB Broken
Yes
Break Direction
UPPER
IB Outcome
IB broke upside — 1.5x extension (0.90x IB range)
Outcome Assessment
GRADE
Correct
Accurate
Yes
Prediction Δ
-0.07
Liquidity Score
46.6
Mean Reversion
34.8
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | IB broke upside — 1.5x extension (0.90x IB range) | Actual move: +0.53% | Expansion: 0.63x ADR