Friday, July 31, 2026
Short Covering Rally
46%confidence
Correct
Classification Scores
Balanced Day0.0%
Trend Day70.3%
Expansion Day31.5%
Short Covering Rally80.0%
Liquidity Sweep0.0%
Volatility Compression0.0%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS • ✓ CLEAN TREND
Risk Level
High Volatility
Volatility State
Vol Elevated
VIX
15.65
ATM IV
—
Liquidity Regime
NORMAL
Standard dealer hedging dynamics — balanced order book
Structure Worked
Yes
Market Data
Open
7462.13
High
7512.04
Low
7399.83
Close
7489.72
VWAP
7556.39
Net Move
+1.35
Daily Range
105.3
pts
True Range
172.4
pts
ADR
73.2
ATR
88.2
Rel Volume
0.41
x avg
Expansion Ratio
1.44
Initial Balance Analysis
IB High
7572.45
IB Low
7504.78
IB Range
67.7
pts
IB Broken
Yes
Break Direction
LOWER
IB Outcome
IB broke downside — < 1.5x extension (0.00x IB range)
Outcome Assessment
GRADE
Correct
Accurate
Yes
Prediction Δ
0.75
Liquidity Score
15.0
Mean Reversion
0.6
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | IB broke downside — < 1.5x extension (0.00x IB range) | Actual move: +1.35% | Expansion: 1.44x ADR