Daily Market Map

Mechanical report: every figure computed, none written. Session 2026-10-16 · as of 2026-10-19 17:22 UTC

MARKET TREND

SIDEWAYS

SPY sideways · QQQ sideways

RISK

RISK-OFF

VIX 20.0 +34.7%/5d

BREADTH

NARROW

39% of 41 above 50d

BREAKOUT LONGS

ALLOWED

regime permits

The broad market is rangebound, risk appetite is defensive, 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	XLE	Energy	+6.82%	+5.75%	TOP
2	XLP	Consumer Staples	+6.99%	+4.86%	TOP
3	XLV	Health Care	+5.42%	+4.59%	TOP
4	XLB	Materials	+4.98%	+0.33%	TOP
5	XLU	Utilities	+3.90%	+1.16%	TOP
6	XLF	Financials	+3.41%	-0.73%	TOP
7	XLY	Consumer Discretionary	+1.62%	+0.88%	BOT
8	XLRE	Real Estate	+3.29%	-1.90%	BOT
9	XLI	Industrials	+1.09%	-0.82%	BOT
10	XLC	Communication Services	+1.91%	-1.89%	BOT
11	XLK	Technology	-5.73%	-2.53%	BOT

Money is rotating toward XLE, XLP, XLV; XLK (Technology) lags most at -2.53% 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 763.25 · ATR 7.01

RESIST779.37–781.624

RESIST768.50–776.859

PRICE763.25

SUPPORT749.53–759.4810

SUPPORT735.21–740.804

SPY is at 763.25, between support and resistance.

React to the break, don't anticipate it: a daily close above 776.85 opens toward 779.37; a close below 749.53 targets 740.80.

QQQ

close 709.80 · ATR 10.55

RESIST742.52–750.009

RESIST721.89–737.6211

PRICE709.80

SUPPORT695.25–704.669

SUPPORT636.60–642.183

QQQ is at 709.80, between support and resistance.

React to the break, don't anticipate it: a daily close above 737.62 opens toward 742.52; a close below 695.25 targets 642.18.

FOCUS LIST: highest 20-day dollar volume

SYMBOL	CLOSE	$VOL/DAY	SUPPORT	RESISTANCE
MU	878.84	$27.8B	717.84–750.00	887.61–930.88
NVDA	214.13	$23.9B	207.25–216.20	216.83–225.00
META	709.33	$16.1B	661.00–691.65	699.33–735.78
AMD	528.75	$13.0B	460.21–500.00	517.35–550.00
TSLA	354.72	$12.7B	345.88–361.93	364.02–381.40

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

MRKRS 90NONEpullbacks are not progressively tighter

XOMRS 85COILEDpivot 164.91 · inval 159.27 · 2 contractions

LLYRS 78NONEpullbacks are not progressively tighter

CVXRS 75COILEDpivot 208.25 · inval 201.96 · 2 contractions

MSFTRS 73NONEbase younger than minimum length

AAPLRS 70NONEbase younger than minimum length

Actionable base(s) forming: XOM (coiled), CVX (coiled).

A triggered pivot on volume is the entry; the final contraction low is the stop. Confirm sector and regime before acting.