Tuesday, July 28, 2026
Short Covering Rally
35%confidence
Correct
Classification Scores
Balanced Day19.1%
Trend Day59.0%
Expansion Day0.0%
Short Covering Rally60.3%
Liquidity Sweep16.5%
Volatility Compression0.0%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS
Risk Level
High Volatility
Volatility State
Vol Normal
VIX
18.17
ATM IV
—
Liquidity Regime
NORMAL
Standard dealer hedging dynamics — balanced order book
Structure Worked
Yes
Market Data
Open
7395.55
High
7452.09
Low
7382.95
Close
7428.78
VWAP
7416.30
Net Move
+0.53
Daily Range
69.1
pts
True Range
69.1
pts
ADR
64.0
ATR
73.1
Rel Volume
0.54
x avg
Expansion Ratio
1.08
Initial Balance Analysis
IB High
7413.10
IB Low
7382.95
IB Range
30.1
pts
IB Broken
Yes
Break Direction
UPPER
IB Outcome
IB broke upside — 2x+ extension (1.29x IB range)
Outcome Assessment
GRADE
Correct
Accurate
Yes
Prediction Δ
-0.07
Liquidity Score
22.7
Mean Reversion
37.3
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | IB broke upside — 2x+ extension (1.29x IB range) | Actual move: +0.53% | Expansion: 1.08x ADR