Updated Aug 31, 4:06 PM EDTDaily snapshot · updates after market close
MARKET REGIME
△CAUTIOUS BULL
TRENDWEAK
ADX14.2
RISKMODERATE
VOL1.08%
High-impact event within 48h (ISM Manufacturing PMI) — expect volatility and reduced follow-through on setups
Indexes split: 3 bullish, 0 bearish
Breadth: 50% above 50-day SMA ↓ (healthy)
VIX 15.0 (8th pct, low)
Scanner: 60 bullish / 84 bearish — balanced
Sector leaders: Energy ↑ | Utilities ↓
Event alert: ISM Manufacturing PMI
Should I trade?42/100
CAUTION
Weak trend conviction, low ADX and indexes split bull/bear on EMAs are weighing on the score, though trend leaning bullish and VIX in acceptable range offer some support.
How do I size?
▼REDUCE SIZE
SPY &/or QQQ have lost the 8 / 21 EMA — a pullback is in play. Cut size and be selective until they reclaim all three.
Upcoming Events
HighMedLow
Next 7 days
Tomorrow — TUE, SEP 1
10:00 AM ET
ISM Manufacturing PMI
OTHER
Upcoming
Wed, Sep 2
After Close
AVGO EarningsAVGO
EARNINGS
Thu, Sep 3
10:00 AM ET
ISM Services PMI
OTHER
Thu, Sep 3
10:00 AM ET
JOLTS Job Openings
JOBS
Fri, Sep 4
8:30 AM ET
Non-Farm Payrolls
JOBS
INDEX OVERVIEWMajor index trend & momentum
SPY
S&P 500
LEAN BULL
767.02-0.53%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
LEAN BEAR
BULL
BULL
QQQ
Nasdaq 100
BULL
716.76-0.60%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
BULL
BULL
BULL
DIA
Dow 30
LEAN BULL
531.55-0.69%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
LEAN BEAR
BULL
BULL
IWM
Russell 2000
NEUTRAL
293.95-1.95%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
LEAN BEAR
LEAN BEAR
BULL
VIX14.97+0.46(+3.17%)
→stableLOW
1Y PCTLE8%
20d SMA15.27
MARKET BREADTH
HEALTHY53.0 / 100
ABOVE 200D MA
66.3%-2.2
↓declining5d: -3.0
ABOVE 50D MA
49.7%-4.2
↓declining5d: -7.9
ABOVE 20D MA
39.8%-5.0
↓declining5d: -10.1
TOP SETUPS
60 bullish · 84 bearish · 686 scanned
BULLISH SETUPS(Calls)
SNDKSandiskA+
$1,566.70·1d+5.51%20d+28.96%·vs SPY 20d+26.3%
Undercut & Reclaim
Undercut below Weekly EMA 8 ($1542.00), reclaimed on current bar
Strong close: 95% of range
Volume 1.4x average on reclaim
+1 moreRSI 53 · Vol 1.40x · ADR 7.8%
Information Technology
Reclaimed $1450.05 — watch it hold as support
MUMicron Technology★ LEADERA+
$958.73·1d+2.50%20d+16.49%·vs SPY 20d+13.8%
BB Squeeze
Bollinger width at 19.7% — bottom 10th percentile
ADX 10 — low trend, coiling for expansion
Extreme squeeze — bottom 5th percentile
RSI 54 · Vol 0.67x · ADR 5.0%
SemiconductorsInformation Technology
Watch for break of inside bar high $959.97
NVDANvidia★ LEADERA+
$217.55·1d-4.57%20d+8.37%·vs SPY 20d+5.7%
BB Squeeze
Bollinger width at 11.1% — bottom 10th percentile
ADX 17 — low trend, coiling for expansion
Extreme squeeze — bottom 5th percentile
+1 moreRSI 52 · Vol 1.49x · ADR 2.7%
SemiconductorsInformation Technology
Watch for 8 EMA hold near $217.32
BEARISH SETUPS(Puts)
TYLTyler TechnologiesA
$372.06·1d+0.59%20d+20.17%·vs SPY 20d+17.5%
Extended / Reversion
Shooting Star candle while extended above the rising EMA 21
Within 2% of 20-bar high ($373.03)
RSI 71 — stretched above the rising EMA 21
RSI 71 · Vol 1.57x · ADR 3.8%
Information Technology
SPIRSpire Global★ LEADERA
$13.26·1d-5.29%20d+15.71%·vs SPY 20d+13.0%
BB Squeeze
Bollinger width at 16.5% — bottom 10th percentile
ADX 15 — low trend, coiling for expansion
Extreme squeeze — bottom 5th percentile
RSI 46 · Vol 0.53x · ADR 6.6%
Space +7Industrials
AIROAIRO Group Holdings★ LEADERB+
$7.62·1d-5.11%20d+13.06%·vs SPY 20d+10.4%
Bear Flag
Pole: -24.0% decline
Flag: 8.3% retrace over 4 bars
Volume contracted to 0.37x pole average
RSI 45 · Vol 0.97x · ADR 6.8%
Defense & Drones +7Industrials
THEMES
Sorted by trend, then RS
Crypto
BULL
1d-1.4%5d-0.2%20d+28.6%RS+25.9%
▼ outflow
CLSK leading the group at -10.3%
Crypto · BULLMost members are in a bullish multi-timeframe trend — strong conviction. Relative strength +25.9% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 1 bullish / 0 bearish setup in the group.
Gold / Metals
▼ FADINGBULL
1d-3.8%5d-2.9%20d+19.8%RS+17.1%
▼ outflow
Big move today: avg -3.8% across the group
Gold / Metals · BULL · FADINGMost members are in a bullish multi-timeframe trend — strong conviction. But the daily is rolling over (-2.9% over 5d) — the short term is turning against the trend. Relative strength +17.1% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating).
AI Software
BULL
1d-0.2%5d+2.1%20d+18.0%RS+15.3%
▼ outflow
TEM leading the group at -10.8%
AI Software · BULLMost members are in a bullish multi-timeframe trend — strong conviction. Relative strength +15.3% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating).
Cybersecurity
BULL
1d-0.2%5d+6.8%20d+15.9%RS+13.2%
▲ inflow
Strong momentum, +6.8% avg over 5 days
Cybersecurity · BULLMost members are in a bullish multi-timeframe trend — strong conviction. Relative strength +13.2% vs SPY over 20d — leading the market. Money rotating in (recent pace accelerating). Scanner flags 1 bullish / 0 bearish setup in the group.
Software / SaaS
BULL
1d+0.6%5d+3.9%20d+14.5%RS+11.8%
NOW leading the group at +7.0%
Software / SaaS · BULLMost members are in a bullish multi-timeframe trend — strong conviction. Relative strength +11.8% vs SPY over 20d — leading the market. Scanner flags 1 bullish / 0 bearish setup in the group.
Biotech
LEAN BULL
1d-3.2%5d-3.3%20d+12.2%RS+9.5%
▼ outflow
Big move today: avg -3.2% across the group
Biotech · LEAN BULLA slight majority lean bullish — conviction still building. Relative strength +9.5% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 1 bullish / 0 bearish setup in the group.
AI Infrastructure
LEAN BULL
1d-3.1%5d+0.1%20d+8.5%RS+5.8%
▼ outflow
Big move today: avg -3.1% across the group
AI Infrastructure · LEAN BULLA slight majority lean bullish — conviction still building. Relative strength +5.8% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating).
Rare Earths
LEAN BEAR
1d-5.5%5d-3.0%20d+20.7%RS+18.0%
▼ outflow
Big move today: avg -5.5% across the group
Rare Earths · LEAN BEARA slight majority lean bearish. Relative strength +18.0% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating).
Defense & Drones
BEAR
1d-5.0%5d-10.8%20d+9.4%RS+6.7%
1.8× vol▼ outflow
Sharp selloff, -10.8% avg over 5 days
Defense & Drones · BEARMost members are in a bearish multi-timeframe trend. Relative strength +6.7% vs SPY over 20d — leading the market. Volume 1.8× the 20-day average — institutional participation. Money rotating out (recent pace decelerating). Scanner flags 0 bullish / 1 bearish setup in the group.
Fintech
BEAR
1d-3.6%5d-2.6%20d+7.4%RS+4.7%
▼ outflow
Big move today: avg -3.6% across the group
Fintech · BEARMost members are in a bearish multi-timeframe trend. Relative strength +4.7% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 1 bullish / 0 bearish setup in the group.
Robotics / Automation
BEAR
1d-3.3%5d-4.5%20d+5.5%RS+2.9%
▼ outflow
Big move today: avg -3.3% across the group
Robotics / Automation · BEARMost members are in a bearish multi-timeframe trend. Relative strength +2.9% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 1 bullish / 0 bearish setup in the group.
Quantum Computing
BEAR
1d-6.6%5d-10.5%20d+5.1%RS+2.5%
▼ outflow
Sharp selloff, -10.5% avg over 5 days
Quantum Computing · BEARMost members are in a bearish multi-timeframe trend. Relative strength +2.5% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating).
Nuclear Energy
BEAR
1d-4.9%5d-3.3%20d+4.5%RS+1.9%
▼ outflow
3 of 8 names breaking down
Nuclear Energy · BEARMost members are in a bearish multi-timeframe trend. Relative strength +1.9% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 0 bullish / 3 bearish setups in the group.
Space
BEAR
1d-5.1%5d-12.4%20d+3.9%RS+1.2%
▼ outflow
Sharp selloff, -12.4% avg over 5 days
Space · BEARMost members are in a bearish multi-timeframe trend. Relative strength +1.2% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 0 bullish / 1 bearish setup in the group.
AI Optical
BEAR
1d-5.3%5d-6.1%20d+3.6%RS+0.9%
▼ outflow
Sharp selloff, -6.1% avg over 5 days
AI Optical · BEARMost members are in a bearish multi-timeframe trend. Relative strength +0.9% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 0 bullish / 1 bearish setup in the group.
Semiconductors
BEAR
1d-5.3%5d-1.4%20d+2.8%RS+0.1%
▼ outflow
2 of 10 names showing bullish setups
Semiconductors · BEARMost members are in a bearish multi-timeframe trend. Relative strength +0.1% vs SPY over 20d — leading the market. Money rotating out (recent pace decelerating). Scanner flags 2 bullish / 0 bearish setups in the group.
Clean Energy / EV
BEAR
1d-5.3%5d-5.4%20d-4.5%RS-7.2%
▼ outflow
Sharp selloff, -5.4% avg over 5 days
Clean Energy / EV · BEARMost members are in a bearish multi-timeframe trend. Relative strength -7.2% vs SPY over 20d — lagging the market. Money rotating out (recent pace decelerating).
AI Data Centers
BEAR
1d-7.5%5d-5.0%20d-6.5%RS-9.2%
▼ outflow
Sharp selloff, -5.0% avg over 5 days
AI Data Centers · BEARMost members are in a bearish multi-timeframe trend. Relative strength -9.2% vs SPY over 20d — lagging the market. Money rotating out (recent pace decelerating).
Aviation / eVTOL
BEAR
1d-4.0%5d-10.3%20d-8.4%RS-11.1%
▼ outflow
Sharp selloff, -10.3% avg over 5 days
Aviation / eVTOL · BEARMost members are in a bearish multi-timeframe trend. Relative strength -11.1% vs SPY over 20d — lagging the market. Money rotating out (recent pace decelerating).