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Monday open board

WeeksVerified weekend book

Collect Wednesday, September 23 at 12:00 PM ET through Sunday, September 27 at 5:00 PM ET. Readout week of Sep 28.

What the market did

Monday gap, Friday regular-session close to the 9:30 AM ET open: equal-weight SPY, QQQ, and DIA are -0.52% from Friday's regular-session close. The cohort was 0% conviction-weighted bullish. Realized tape is bearish. Weekend Noise Index is 100% panic posts. The crowd and the tape agree so far. The gap is Friday's regular-session close to the regular-session open. Descriptive only. Not a signal.

Conviction-weighted consensus

0% bullish · 100% bearish · crowd bearish

SPY+QQQ+DIA-0.52%with call from Friday's close

2 graded calls

Watchlist and viral posts share this weekly board.

Monday open board

Verified weekend book

Latest checkpoint

GC Scale: STRONG 70%+, PROVISIONAL 40–69%, WEAK under 40%; 0% is EXIT LIQUIDITY.

Piggo's Trading Desk @piggostradingdesk

Wednesday, September 23 at 7:54 PM ET · verified

50%PROVISIONAL

“Elevated borrowing costs, higher energy prices, concentrated technology exposure, and geopolitical uncertainty increase the possibility of continued sector rotation, profit-taking, and short-term pullbacks rather than uninterrupted market advances.”

bearishNo ticker named

  • Mon noon, SPY ($765.49) −0.8%
  • Wed close, SPY ($762.63) −1.1%
  • Fri close, SPY ($769.64) −0.2%
The Pulse Of The Market @smtraderca

Sunday, September 27 at 9:30 AM ET · verified

50%PROVISIONAL

“All of these signs are telling us that things are not what they look on the surface. The ATH is a warning of the end of this bull cycle and not the beginning of a new one.”

bearishNo ticker named

  • Mon noon, SPY ($765.49) −0.8%
  • Wed close, SPY ($762.63) −1.1%
  • Fri close, SPY ($769.64) −0.2%
Market move used for grading

Market move used for grading

SPY
-0.39%
Mon open
DIA
-0.62%
Mon open
QQQ
-0.54%
Mon open
VIX
+8.68%
Mon open