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Verified weekend book@piggostradingdesk

Verified real call

Piggo's Trading Desk

@piggostradingdesk · Short-term pressure

bearishNo ticker namedmedium conviction

Reference SPY ($778.57)

The combination of elevated borrowing costs, stretched valuations, geopolitical uncertainty, and concentrated leadership increases the probability of continued sector rotation and short-term pullbacks rather than uninterrupted market advances.

No ticker named

Graded on the SPY, QQQ, and DIA average, plus VIX.

Posted Wednesday, October 7 at 7:18 PM ET inside the collect window.

Original post

Dispute this grade

SPY S&P 500 ETFFriday session close, Monday noon, then the official closes
Fri refMon openMon noonWed closeFri close
  • Fri ref778.57
  • Mon open778.78
  • Mon noon778.77
  • Wed close769.60
  • Fri close763.25

Weekend reference is the prior Friday Yahoo Finance regular-session close for SPY, QQQ, DIA, and VIX. Monday's gap uses the regular-session open. Monday noon is the open of the 12:00 PM ET 5-minute bar. Wednesday and Friday use the official daily close (4:00 PM ET, or 1:00 PM ET on an early close). A closed session or a close that is not due yet is left blank.

Settled grades

The words do not change. Each settled horizon rescores this call against recorded prints measured from Friday's regular-session close.

  1. Friday close to the open

    Monday open

    9:30 AM ET

    Mon openSPY($778.78)0.0%flat

    Rank 1 of 1

    Market-0.04%flat vs callsigned +0.04% · VIX +3.71%

    • Direction vs the market14/50
    • Levels · none named4/20
    • Specificity0/15
    • VIX factor9/15
    Open the Monday open board
  2. Open of the 12:00 PM ET 5-minute bar

    Monday noon

    12:00 PM ET

    Mon noonSPY($778.77)0.0%flat

    Rank 1 of 1

    Market-0.02%flat vs callsigned +0.02% · VIX +2.09%

    • Direction vs the market14/50
    • Levels · none named4/20
    • Specificity0/15
    • VIX factor9/15
    Open the Monday noon board
  3. Same week, at the close

    Wed close

    4:00 PM ET

    Wed closeSPY($769.60)−1.2%with call

    Rank 1 of 1

    Market-1.41%with callsigned +1.41% · VIX +13.68%

    • Direction vs the market42/50
    • Levels · none named4/20
    • Specificity0/15
    • VIX factor15/15
    Open the Wed close board
  4. Same week, final close

    Fri close

    4:00 PM ET

    Fri closeSPY($763.25)−2.0%with call

    Rank 1 of 1

    Market-2.30%with callsigned +2.30% · VIX +34.70%

    • Direction vs the market50/50
    • Levels · none named4/20
    • Specificity0/15
    • VIX factor15/15
    Open the Fri close board