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VIX

VIX is confirming that shift. Last Thursday it broke bearish TRADE TREND. Today it bounced off the low end of the RANGE and got rejected at TRADE as the RANGE now starts to roll over. This is the VIX gaining bearish momentum (bullish for the market).

HYG

Credit is still in bearish TREND, but you can see the RANGE is starting to consolidate rather than make new lows. Still want to see if it flips bullish, but the RANGE not going lower is the first sign.

QQQ

This is the difference between a squeeze and a fractal flip. Monday was a squeeze. Tuesday told you to exit.

SPY

SPY, being a broad-based index, told you to get long last Thursday. Now up 4.4% since then.

GOOGL

Google is one of the largest stocks signaling to flip long after breaking TREND. Today it’s sitting right at TREND. Remember, during these transitions be ready to exit if the signal flips again, but this is where you get long from.

Sector Signals

DRAM

AI is a sector I wouldn’t be chasing long, as it remains in bearish TRADE TREND.

IGV

Software has made the flip, but I don’t chase at the top end of the RANGE—wait for a pullback. Interesting to see this rip as it’s been highly correlated with crypto, but crypto has yet to launch. We’ll review that setup in the macro section.

XLY

Another growth sector flipping signals is consumer discretionary. Again, I don’t chase up here, but it means you should be out of these shorts.

XLV

Healthcare continues to hold strength and bounce off the low end of the RANGE in bullish TRADE TREND.

LLY

Lilly reflects that as it bounced off TREND to the top end of the RANGE. Today it was up over 8% at one point and told you to cover some at today’s peak.

XLF

Long financials? The signal has been stable and respecting the math perfectly, making yet another cycle high just as the math predicted.

IAK

Insurance stocks aren’t making new highs but holding steady in this volatile market.

XLRE

Real estate doing the same.

SPCX

Space sector still sucks. After ripping outside the top end of its RANGE on earnings, it’s down over 11%. This is where you cover some.

Macro Markets

TLT

Math hasn’t changed in TLT. It’s bouncing off the low end of the RANGE but to lower highs in the cycle still.

Oil

Oil is forming new lows in bearish TRADE TREND. Shouldn’t be long it—the math’s been clear.

UUP

Dollar continues to weaken. It broke TRADE July 30th. Emerging markets are highly correlated to the dollar, so what signaled to get long as the dollar broke TRADE?

COLO

Colombia was at the low end of the RANGE in bullish TRADE TREND—now up 6%.

GLD

Gold is another highly correlated asset. Were you covering at the lows? Math told you to. Then when it broke TRADE it accelerated, as most things do when they break fractal levels.

Monday, August 3, 2026

BTC

Get long Bitcoin yesterday. When the math changes, I change with it. And remember that Software signal? Correlated assets are a similar set—now both are in bullish TRADE TREND for the first time in a long time.

Tuesday, Aug 4, 2026

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