Friday, October 9, 2026
Short Covering Rally
25%confidence
Correct
Classification Scores
Balanced Day46.5%
Trend Day43.6%
Expansion Day0.0%
Short Covering Rally55.4%
Liquidity Sweep0.0%
Volatility Compression11.8%
Structure & Risk
Recommended Structure
BEST: BULLISH CALL SPREADS
Risk Level
High Volatility
Volatility State
Vol Elevated
VIX
14.84
ATM IV
—
Liquidity Regime
HIGH
Abundant dealer-supplied liquidity — positive GEX environment
Structure Worked
Yes
Market Data
Open
7786.36
High
7820.57
Low
7779.34
Close
7811.54
VWAP
7799.88
Net Move
+0.35
Daily Range
41.2
pts
True Range
55.2
pts
ADR
54.4
ATR
66.1
Rel Volume
0.39
x avg
Expansion Ratio
0.76
Initial Balance Analysis
IB High
7796.28
IB Low
7779.34
IB Range
16.9
pts
IB Broken
Yes
Break Direction
UPPER
IB Outcome
IB broke upside — 2x+ extension (1.43x IB range)
Outcome Assessment
GRADE
Correct
Accurate
Yes
Prediction Δ
-0.25
Liquidity Score
51.4
Mean Reversion
44.8
Outcome Notes
Session: Short Covering Rally — Confirmed ✓ | Structure: Would have profited ✓ | IB broke upside — 2x+ extension (1.43x IB range) | Actual move: +0.35% | Expansion: 0.76x ADR