Catalysts & Headlines (CT)

NQ futures extended gains into session after prior rally while breadth improves
Markets push against resistance with momentum showing tentative strength but vulnerability to a quick reversal in absence of stronger catalysts.
12:30

Economic Calendar (CT)

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05:00USNFIB Small Business IndexHigh
07:15USADP Weekly Employment ChangeMed
07:30USTrade BalanceMed
09:00USExisting Home SalesMed
09:00USFinal Wholesale Inventories m/mMed
15:30USAPI Weekly Statistical BulletinMed

Key Levels — NQ

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LevelPriceType
Pivot28560Pivot
R128650Resistance
R228770Resistance
S128440Support
S228320Support
S328200Support
POC28580POC

Overnight Session

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NQ Globex
28588.00
452.00
ES Globex
7302.00
-114.00
VIX
22.08
3.16
10Y Yield
4.540
-0.012
DXY
99.96
-0.09
Crude
87.85
-3.45

Market Context

📊
NDX implied volatility score (0–100). Computed from VXN level: VXN<=15 -> ~100 (calm); VXN>=30 -> ~0 (stress). Green = calm/risk-on, supports bullish bias. Red = stressed, bearish for tech. Amber = mid.
VXN32.99
Options put/call balance (0–100). Higher = more puts, more hedging/fear. Lower = complacency. Green = low hedging. Red = heavy protection. Amber = balanced.
Put-Call1.15
VIX futures curve shape (0–100). Higher = steeper contango, calmer outlook. Lower = flatter or backwardated, stress rising. Green = calm. Red = elevated hedging demand. Amber = neutral.
VIX Term Structure22.08
NDX leadership momentum score (0–100). Derived from semis (SMH) day change + NQ momentum. Green = semis confirming risk-on (mag-7 bid). Red = semis weakening (warning for NDX). Amber = mixed.
Tech MomentumPositive
Market breadth (0–100). Higher = broad participation, healthy rally. Lower = narrow leadership, rotation risk. Green = strong breadth. Red = weak breadth. Amber = mixed.
BreadthMixed

Session Playbook

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Bull Case
OrderBuy Stop
Entry28560-28585
Stop28450
TP128650
TP228770
Pivot-based breakout with disciplined stops and two targets for R:R balance.
Bear Case
OrderSell Stop
Entry28520-28545
Stop28700
TP128400
TP228320
S1-based fade with defined risk and dual downside targets.
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