Monday, July 6, 2026
Short Covering Rally
47%confidence
Correct
Classification Scores
Balanced Day
41.6%
Trend Day
28.5%
Expansion Day
0.0%
Short Covering Rally
66.2%
Liquidity Sweep
13.4%
Volatility Compression
14.4%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS
Risk Level
High Volatility
Volatility State
Normal
VIX
15.62
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
7524.17
Net Move
+0.41
Daily Range
50.3
pts
True Range
68.1
pts
ADR
80.2
ATR
90.5
Rel Volume
0.50
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
-0.19
Liquidity Score
36.2
Mean Reversion
44.8
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | IB broke upside — 1.5x extension (0.90x IB range) | Actual move: +0.41% | Expansion: 0.63x ADR