ALPHA SIGNAL — DAILY MARKET MAP

Mechanical report — every figure computed, none written. Session 2026-07-16 · as of 2026-07-17 20:41 UTC

MARKET TREND

SIDEWAYS

SPY uptrend · QQQ sideways

RISK

NEUTRAL

VIX 16.7 +5.6%/5d

BREADTH

NARROW

51% of 41 above 50d

BREAKOUT LONGS

ALLOWED

regime permits

The broad market is rangebound, risk appetite is mixed, and participation is narrow.

Rangebound regime: range-extreme trades screen better than breakouts. Be selective and size down. With participation narrow, concentrate on the strongest names, not the broad tape.

SECTOR RELATIVE STRENGTH vs SPY

#	ETF	SECTOR	1W RS	1M RS	HALF
1	XLF	Financials	+2.31%	+6.50%	TOP
2	XLE	Energy	+4.14%	+3.19%	TOP
3	XLV	Health Care	-0.10%	+6.37%	TOP
4	XLRE	Real Estate	+2.91%	+1.59%	TOP
5	XLP	Consumer Staples	+3.27%	+0.93%	TOP
6	XLU	Utilities	+0.89%	+2.18%	TOP
7	XLC	Communication Services	+2.07%	+0.95%	BOT
8	XLI	Industrials	-0.40%	+1.37%	BOT
9	XLY	Consumer Discretionary	+0.55%	-0.49%	BOT
10	XLB	Materials	+1.39%	-2.52%	BOT
11	XLK	Technology	-4.09%	-6.90%	BOT

Money is rotating toward XLF, XLE, XLV; XLK (Technology) lags most at -6.90% over one month.

Long setups screen best in top-half sectors. A strong chart in a bottom-half sector is fighting the flow.

SPY

close 750.72 · ATR 8.40

RESIST749.53–760.408

PRICE750.72

SUPPORT739.51–744.904

SUPPORT708.37–716.584

SPY at 750.72 is pressed against resistance 749.53–760.40 (8 levels stacked).

React to the break, don't anticipate it: a daily close above 760.40 opens toward ~777.19 (measured); a close below 739.51 targets 716.58.

QQQ

close 705.94 · ATR 14.99

RESIST737.62–748.656

RESIST718.73–726.396

PRICE705.94

SUPPORT695.25–702.815

SUPPORT675.00–686.374

QQQ is at 705.94, between support and resistance.

React to the break, don't anticipate it: a daily close above 726.39 opens toward 737.62; a close below 695.25 targets 686.37.

FOCUS LIST — highest 20-day dollar volume

SYMBOL	CLOSE	$VOL/DAY	SUPPORT	RESISTANCE
MU	853.20	$55.0B	750.00–854.35	891.66–929.51
NVDA	207.40	$29.1B	191.05–200.00	208.78–216.83
AAPL	333.26	$19.8B	316.19–317.40	—
MSFT	401.10	$17.8B	373.35–385.58	392.32–410.48
TSLA	391.06	$17.0B	380.15–400.51	407.52–432.86

VCP WATCHLIST — strongest names on deck (Trend Template survivors)

AMDRS 95NONEbase younger than minimum length

AAPLRS 83NONEpullbacks are not progressively tighter

LLYRS 80NONEbase younger than minimum length

GSRS 78NONEonly 1 contraction(s)

MRKRS 73NONEbase younger than minimum length

GERS 70NONEbase younger than minimum length

NO QUALIFIED VCP SETUP TODAY — abstention is a feature, not a failure.

These are the 6 strongest-trending names in the universe — all eight Trend Template criteria pass. None has a valid contraction base yet (see each reason).

This is a watchlist, not a buy list. Monitor these for a tightening base with volume drying up; the map flags one the moment a pivot sets up.