The Nasdaq-100 closed 30,608 (+0.42%) over the gate's price line with the member count 0.45 short of un-printing it; Trump rejected Iran's Hormuz plan. Friday's cash close was S&P 500 7,743.41 (+0.51%), Nasdaq-100 30,608.13 (+0.42%) and VIX 14.87 (−5.11%), with the Dow +0.93% (a three-week losing streak snapped), the Nasdaq Composite +0.48% and the Russell +0.07%; the week was +3.25% on the Nasdaq-100 and +1.21% on the S&P. At 06:43 Singapore on Monday (Sunday 18:43 New York, the futures open) the Nasdaq-100 CFD was 30,525.7 (−0.27%), the S&P CFD 7,722.1, the VIX future 17.63, WTI 93.56 and gold 4,262.30. Friday's bid came from Foreign Minister Araghchi's offer at the UN to reopen Hormuz at the end of seven days if the June memorandum's terms are met, which sent Brent to a $104.32 settle (−2.1%) and halted the rise in yields; the ten-year closed 5.16, a third consecutive close over five, and the thirty-year 5.50, a new post-2004 high. On Saturday Trump called the plan not acceptable; on Sunday Ambassador Waltz said Iran was asking for everything up front, Araghchi said Tehran was still awaiting an official response, and Trump told Axios to expect more talks in the days ahead. Nothing was signed.
| Index | Last | Support 1 | Support 2 | Resistance 1 | Resistance 2 | Line in the sand | Flag |
|---|---|---|---|---|---|---|---|
| NDX | 30,608.13 close; 30,525.7 CFD (06:43 SGT) | 30,544 · 30,414 | 30,204 · 29,933 | 30,668 · 30,713 | 30,770 · 30,780 | 30,583 — a second consecutive daily close over it retires the structural short by the new backstop and, with the count over 45, un-prints the gate and makes the range path modal; a daily close back under 30,496 with the count under 45 makes the rollover path modal alone | Chart 25-Sep; live JSON |
| SPX | 7,743.41 close; 7,722.1 CFD | 7,723 · 7,714 | 7,693 · 7,663 | 7,745–7,752 | 7,763 · 7,771 | 7,693 — a holding 30-minute close below Friday's low re-opens the gap #42 remnant; a daily close over 7,745 opens the record close 7,771 | Chart 25-Sep; live JSON |
| Gold (XAUUSD) | 4,267.50 chart; 4,262.30 live | 4,246 · 4,235 | 4,228 · 4,205 | 4,296 · 4,309 | 4,316 · 4,353 | 4,246 — a daily close under the 69-day with the ten-year over 5.00 re-arms the short; a daily close over 4,296 retires it | Chart 25-Sep (bar stamped 27-Sep); live JSON; daily-close basis |
The Nasdaq-100 closed over both of the rollover path's price lines. The index opened 30,517 with no cash gap, made its low of 30,414 in the first hour while the S&P printed 7,693 and the VIX 15.94, and then ground higher for the rest of the session to a late high of 30,668 and a close of 30,608, up 129 points. That close sits 112 over the running quarterly band top at 30,496, the level under which two daily closes had printed the structural gate on Wednesday and Thursday, and 25 over 30,583, the level a daily close over which un-prints that gate if the member count is over 45. Both price lines were taken. The week finished +3.25% with its high of 30,770.63 still 9.75 under the June all-time high, and the weekly close sat 105 under the weekly band top, which moved to 30,713.
The member count did not follow. The Nasdaq-100 bullish percent [the share of the hundred members on point-and-figure buy signals] rose two points to 44.55, its third consecutive close under 45 and its sixteenth under 50. The un-print needs the count over 45 on the same daily close as the price; it printed 0.45 short. The framework does not round a breadth series to fit a price close, so the gate is split: its price half is un-met and its breadth half stands. The structural short filled on Thursday's gap clause at about 30,260 is therefore carried by rule, 348 points underwater at the close and 266 on the Sunday-night CFD. That is the day's most important fact and it is accounted below.
The S&P traded through the 18-August lid and closed inside it. The index rose 0.51% to 7,743.41, with a high of 7,752.07 that went through the lid's top at 7,745 and 3.5 points into the 13-August band at 7,748.5–7,763 before the close settled 1.5 under the lid top. The low of 7,693 held 1.9 points over the old top of gap #42, so the 5.4-point remnant of that gap at 7,657–7,663 stays open. The 7-August band at 7,710–7,719, which stopped Thursday's spike to the cent, was closed over and is now the first shelf under the tape.
The advance-decline line closed positive for the first time in seven sessions, and two more members made new lows than new highs. NYSE advancers minus decliners finished +314 after a −555 low in the first hour, ending a run of six sessions sold into the bell. The Nasdaq-100 advance-decline percent closed +28.71, about 64 members up and 36 down, and its intraday high of 32.67 crossed the +30 repair line before the close missed it by 1.29. The framework counts closes: the repair stays 0 of 3. On the same session the Nasdaq-100 new-highs-minus-new-lows percent printed −1.98, two net new 52-week lows on a day the index rose and closed 172 points under its record. The NYSE McClellan oscillator rose 16 to −37.56, its largest rise of the leg, without reaching the −60 bounce arm; both summation indices made new lows, the NYSE at −559 through the −550 line and the Nasdaq at −484.
The VIX fell 5% while its future rose. The spot opened on its 20-day average at 15.61, printed 15.94 in the same first hour as the S&P's low, and closed 14.87 under every daily average. The front future finished the Sunday board at 17.63, up 0.12 from Thursday, so the basis re-widened from 14.4% to 18.6%. The curve did not price Friday's offer as a resolution, and on Saturday it was rejected.
Credit. JNK printed 93.61 on the chart, a twelfth close under 95 and a third print under 94 in the leg, on a day every equity index rose; the high-yield option-adjusted spread widened to 2.80 on Thursday's data, a new high for the leg. No wire close has been found for three sessions and the render governs, flagged as unverified: the shock path's credit input is met on the chart and not yet booked. The landing bid stays retired and the ladders stay shut by 1.39.
Rates. The ten-year closed 5.16, down four basis points from Thursday's 5.20 and the third consecutive close over five; the wire quoted 5.18 at the close and the chart print is used, the two-basis-point gap logged. The shock path's rate input is binary and was booked on the second close, so the third adds nothing and the four-point fall withdraws nothing; the first withdrawal line is 4.94. The thirty-year made a new post-2004 high at 5.50 on a down-yield day for the ten-year, the two-year fell seven to 4.87, the curve steepened two to 29 basis points, and on the Sunday board the ten-year was back at 5.21. CME pricing carries two more hikes, at the 27–28 October meeting and in December; the thirty-year mortgage rate printed 7.45%, a two-year high. R16 stands with the spiral read intact for a twelfth session and the escalation-3 line at 5.25 nine basis points away.
Oil. Brent November settled $104.32, down 2.14% on the offer, a third consecutive settle over 101, so R14 step 3 and the 20% tactical cap stand; the step-4 watch at 109.45 moved from three dollars away to five. The November contract expires on Wednesday and the December contract trades several dollars lower in a backwardated curve — the Sunday board showed 98.71 — and the rule is stated in advance rather than argued afterwards: the settle rule keys to the front-month settle, so a December settle under 101 from Thursday counts as one of the two settles the 30% restore needs, and a board print is not a settle. Hormuz transits fell to nine vessels on Friday; the offer's terms were the June memorandum's, and the headline protocol treats an offer as neither a signature nor a report: outright index longs stay struck, and the two-side framework-report clause did not fire on a one-sided plan.
Breadth regime. The Nasdaq-100 count under 45 for a third session keeps the structural-short licence intact; the Nasdaq summation at a new low keeps the halving rule mandatory, so every tactical Nasdaq-100 short is at a quarter of one percent and the count restarts at zero; the NYSE high-low index made a new low at 14.80 with its RSI under 15 for a seventh session, which keeps the sizing gate at tier 3 and the bounce condition struck as an outright long. The NYSE Composite traded through its pre-alert line at 23,792 intraday for a second day and closed 121 over it; the 200-day cushion is 2.9%. The transports re-took 19,500 and the banks re-took 175, both whipsaws inside their down legs: the bank rung on the S&P fade is suspended while the banks are over 175, and the transports' next line is 19,000.
Path D falls 2 to 32%. Brent settled 2.1% lower, the VIX fell 5%, and the ten-year's third close over five adds nothing to a binary input already booked. D does not give more because the offer that eased all three was rejected within a day, the ten-year is back at 5.21 on the Sunday board, the thirty-year made a new 2004 high, credit printed under 94 a third time on the chart and the VIX future rose into the weekend. D takes modal alone at 34 or more on a VIX close over 17.83, a verified JNK close under 94, or a Brent settle at 109.45.
Path C falls 2 to 32%. The gate is split. Its breadth half stands for a third session — the count under 45, both summations at new lows, the high-low index at a new low, the rollover count at 16 — and its price half is un-met after a daily close over both 30,496 and 30,583. C gives two for the price and no more because the members did not repair on the close: the repair line was missed by 1.29 and two net new lows printed on an up day. C takes modal alone on a daily close back under 30,496 with the count under 45.
Path B rises 4 to 28%. Every price condition of the range read printed: a daily close over the quarterly band top and the un-print line, the S&P through the 18-August lid, the advance-decline line positive for the first time in seven sessions, the Nasdaq-100 members 64 up and 36 down. B does not take modal because the count printed 44.55. B takes modal on a daily close over 30,583 with the count over 45, or on a second consecutive daily close over 30,583, which retires the structural short under the new backstop; it gives weight back on a daily close under 30,414.
Path A holds at 8%. An offer is not a signature and this one was rejected the next day; the release structure for outright longs is unchanged and unmet. A rises only on the twin gate — the count over 50 and JNK over 95 verified — or a signed Hormuz reopening date.
The map hit five of five. Friday's issue projected the Nasdaq-100 in 30,290–30,668 with a close in 30,340–30,620; the close was 30,608 and the high 30,667.56, a fraction under the range top. The S&P in 7,655–7,755: 7,743. The VIX in 14.6–16.6: 14.87. The ten-year in 5.08–5.28: 5.16. Brent in 102–110: 104.32. It is the third consecutive Nasdaq-100 hit under the no-lean rule, and the rule stays.
The map's two gap scenarios both missed. Friday's issue said a second sourced report would gap the tape up through 30,529 and a denial would gap it back to 30,204. Neither printed: the bid was a one-sided offer that produced a grind, not a gap, and the denial came on Saturday and was worth 82 points on the Sunday futures rather than 400. The framework's headline protocol was right not to release longs on the offer; its expectation that the news would arrive as a gap was wrong, and that is owned.
The structural short is 348 points underwater by rule, and the rule has a flaw. Option 01 filled at about 30,260 on Thursday's gap clause and its exit was a daily close over 30,583 with the count over 45. Friday printed the close and not the count, by 0.45 of a point. The carry stands — that is what the rule said — and the honest reading is that an exit gated on a breadth series can hold a losing structural short alive indefinitely while price says the read is wrong. That is not a falsifiable invalidation. From v9.91 the structure carries a price-only backstop: a second consecutive daily close over 30,583 retires it regardless of the count. If Monday prints it, the carry retires at roughly minus 350 points on an eighth of a percent, and the loss is claimed in full.
The VIX doorway long is claimed as a loss it may not have taken. Option 06 required a 30-minute close over 15.83 with the S&P under 7,700. The VIX high of 15.94 and the S&P low of 7,693 printed in the same first-hour window; a fill at about 15.88 cannot be excluded from the daily bars, and the day's low of 14.68 took the 15.28 stop. The doctrine is unchanged: a loss that may exist is claimed. Minus 0.60 on a third, booked.
The gold short paid. Option 07, short from the 4,287.61 Wednesday close, ran to its own Friday 16:00 New York flat and is booked at the 4,267.50 chart close: plus 20 points on half a percent. The week's low of 4,244.41 pierced the 4,247 first target by 2.6 on spot and is not claimed, because the structure is on a daily-close basis. The lowered 4,352 stop was never approached; Friday's 4,315.83 high was sold from the 10-day and 50-day stack.
Five structures did not trigger and are not booked. Option 02's failure line (30,204) was 210 points under the day's low. Option 03 and Option 08 needed a 30-minute rejection close back under 30,502 after a 30,529 print; the print came on the way up from the first-hour low, the pullback held the 30-minute 20-average at 30,544 and no close back under 30,502 followed. Option 04 needed a rejection under 7,719 after a 7,724 print and the S&P closed 7,743. Option 05's line at 7,663 was 30 under the low. All five are re-keyed below.
| Market | Support ladder | Resistance ladder | Framework use |
|---|---|---|---|
| NDX | 30,583 (gate un-print line) · 30,544 (30-min 20-average) · 30,518 (30-min 50-average) · 30,496 (quarterly gate line) · 30,464 (running quarterly band top) · 30,436 (30-min 69-average) · 30,414 (Fri low) · 30,398 (daily EMA-5) · 30,204 (Thu low) · 30,093 (30-min 100-average) · 29,933 (gap #41 top) | 30,668 (Fri high) · 30,693 (30-min band top) · 30,707 (60-min band top) · 30,713 (weekly band top) · 30,770 (daily band top) · 30,780 (June ATH) · 30,790 (structural stop) · 30,830 (Opt-03 stop) | A second daily close over 30,583 = the backstop retires the structural short; with the count over 45 = B modal. A 30-min close under 30,414 after a 30,544 print = Option 02. A rejection close under 30,668 after a 30,713 print with a 30-min RSI under 70 = Option 03 / Option 08. A daily close under 30,496 with the count under 45 = C modal alone. |
| SPX | 7,723 (30-min 20-average) · 7,719 (7-Aug band top) · 7,714 (60-min 20-average / 18-Aug lid floor) · 7,700 (60-min 50-average) · 7,693 (Fri low) · 7,691 (30-min band floor / gap #42 old top) · 7,681 (60-min 200-average) · 7,672 (20-day) · 7,663 · 7,657 (gap #42 remnant) · 7,636 (50-day) | 7,745 (18-Aug lid top) · 7,748.5 (13-Aug band floor) · 7,752 (Fri high) · 7,754 (30-min / 60-min band tops) · 7,763 (13-Aug band top) · 7,771 (record close) · 7,791 (daily band top) · 7,817 (quarterly band top = Q3 high) | A rejection close under 7,745 after a 7,752 print = Option 04 (no bank rung). A holding close under 7,693 after a 7,723 print = Option 05. A daily close over 7,745 opens 7,771. |
| VIX | 14.69 (30-min band floor) · 14.68 (Fri low) · 14.60 (Opt-06 stop) · 14.46 (60-min band floor) · 14.12 (week low) · 13.43 (daily band floor) | 15.17 (daily EMA-5) · 15.27 (30-min 20-average) · 15.63 (20-day) · 15.94 (Fri high) · 16.04 (50-day) · 16.28 (69-day) · 16.57 (Thu high) · 17.63 (VX front) · 17.83 (daily band top) · 18 (doorway floor) | A 30-min close over 15.63 with the S&P under 7,723 = Option 06. A close over 17.83 = D +2. 19 = leg 3, cover two thirds on every tactical short. |
| Brent / 10Y / JNK | Brent 104.39 (daily EMA-5) · 103.11 (Fri low) · 101 (the line, taken x3) · 100.80 (daily 20) · 95 (gap floor) — 10Y 5.00 · 4.94 (first withdrawal) · 4.82 (escalation withdrawn) — JNK 93.43 (week low) | Brent 106.59 (Fri high) · 108.23 (Thu high) · 109.45 (step-4 watch) · 112.23 (daily band top) · 120 (step 4) — 10Y 5.21 (Sunday board) · 5.25 (escalation-3) — JNK 94 · 95 (ladders re-open) | Two settles under 101 (the December settle counts from Thursday) restore the cap to 30%. A 10Y close over 5.25 = full R9 size on tactical shorts within the cap. JNK under 94 verified = D +4; over 95 verified = the ladders re-open. |
All averages from the 25-Sep chart set (Core_Charts_20260928, Gen 3) — the Friday close; the AAII and NAAIM prints are carried [c/f 24-Sep / 23-Sep]; only Friday's high, low and close are live prints; re-read intraday averages from the next capture.
| Level | What it is | Role at Friday's close |
|---|---|---|
| 30,830 | Opt-03 stop | Outside the ATH and the daily band top |
| 30,780 | June all-time high | The lid; 172 over the close; the monthly-close verdict line |
| 30,770 | Daily band top | 10 under the ATH; the void line for Option 03 |
| 30,713 | Weekly band top | The re-keyed ATH-band fade line; the week closed 105 under it |
| 30,693 / 30,707 | 30-min / 60-min band tops | The intraday lids inside the weekly one |
| 30,668 | Friday's high | The qualifying print for Option 03 / 08; the Opt-01 trim line on a cash open |
| 30,601–30,602 | 30-min EMA-5 / MA-10 | The close sits on them |
| 30,583 | Gate un-print line | Closed over by 25; the backstop line for a second daily close |
| 30,544 | 30-min 20-average | Held Friday's pullback; the Option 02 qualifier |
| 30,496 | Quarterly band top (gate line) | Closed over by 112 after two closes under; C modal alone if lost with the count under 45 |
| 30,464 | Running quarterly band top | The blended break-even if Option 08 fills |
| 30,414 / 30,398 / 30,396 | Friday's low / daily EMA-5 / 30-min band floor | The failure zone; Option 02 trigger |
| 30,204 | Thursday's low | Option 02 first target; Option 01 second target |
| 29,933 | Gap #41 top | The structural flat; the magnet under the tape |
| 29,287 / 27,354 | 50-day / 200-day | The 50-day sits on gap #39; the R3 band 27,245–27,354 sits at the 200-day |
| Level | What it is | Role at Friday's close |
|---|---|---|
| 7,817 | Quarterly band top = Q3 high | The quarterly band is 98% full |
| 7,791 | Daily band top | 47 over the close |
| 7,775 / 7,771 | Opt-04 stop / record close | The stop sits outside the record close |
| 7,763 | 13-Aug band top | The void line for Option 04 |
| 7,752 / 7,748.5 / 7,745 | Fri high / 13-Aug band floor / 18-Aug lid top | The lid zone; Option 04 rejection line 7,745, qualifier 7,752 |
| 7,723–7,725 | 30-min 20 / 50 / 69-averages | The first shelf; Option 04 first target, Option 05 qualifier, Option 06 S&P condition |
| 7,719 / 7,717 / 7,714 | 7-Aug band top / daily EMA-5 / 60-min 20-average | Closed over Friday; Option 04 second target at 7,714 |
| 7,700 | 60-min 50-average | Option 04 flat |
| 7,693 / 7,691 | Fri low / 30-min band floor = gap #42 old top | Option 05 trigger zone |
| 7,681 / 7,672 | 60-min 200-average / 20-day | Option 05 first and second targets |
| 7,663 / 7,657 | Gap #42 remnant | The last open magnet under the tape |
| 7,636 / 7,205 | 50-day / 200-day | The 50-day sits on the 4-Aug band top |
Win probability is the framework's calibrated estimate that the first target prints before the stop within the horizon, conditional on the trigger firing, on a one-day-to-one-week basis. It is not a backtest. It is tiered to the first, second and flat targets and calibrated to the scenario weights, the structure type's realised record in the last thirty days of digests and the trigger's distance from the last price. Options at or below 50% are lower-odds, higher-payoff structures and are marked with a muted pill — on this tape every one of the eight sits at or under 50%, and that is stated rather than adjusted. Option 08 is the unconventional structure; the leadership pair stays retired.
| # | Structure | Win prob. | Instrument | Side |
|---|---|---|---|---|
| 01 | the structural short, carried under a new backstop | ~35% | USTECH CFD | Short (carried) |
| 02 | the Friday low handed back | ~42% | USTECH CFD | Short |
| 03 | the weekly-band-top fade | ~44% | USTECH CFD | Short |
| 04 | the lid fade, without the bank rung | ~48% | US500 CFD | Short |
| 05 | the Friday-low sell-stop | ~44% | US500 CFD | Short |
| 06 | the doorway re-entry long, re-keyed | ~42% | VIX CFD (spot-referenced) | Long |
| 07 | the re-armed short | ~40% | XAUUSD CFD | Short |
| 08 | the structural add-back rung, re-keyed to the weekly band top | ~40% | USTECH CFD | Short (structural rung) |
Base case: a range of 30,446–30,771 on the Nasdaq-100, 325 points centred on Friday's close under the no-lean rule, with a projected close of 30,490–30,720; the S&P 7,695–7,790; the VIX 14.0–16.0; the ten-year 5.08–5.28; a Brent settle of 100–108. The futures opened 82 lower on the rejection, which puts the Sunday-night tape under the 30,583 line and on the 30-minute 20-average; Monday has no top-tier data and the headline window is the mediators' response and the talks Trump says are coming. Reweighting up: a second daily close over 30,583 retires the structural short by the backstop and, if the count crosses 45, makes the range path modal with 30,668, 30,713 and 30,770 the lids under the all-time high. Reweighting down: a holding 30-minute close under 30,414 after a 30,544 print is the rollover's next step toward 30,204 and 29,933; a daily close back under 30,496 with the count under 45 makes the rollover path modal alone; a VIX close over 17.83, a verified JNK close under 94 or a settle at 109.45 makes the shock path modal alone.
Base case: the week is the verdict week. The Nasdaq-100 holds 30,204–30,780 inside the wider 29,933–31,000 into Wednesday's September monthly and quarterly close, where a close under 30,780 with the monthly RSI under 77.88 — it is running 72.02 — locks the lower-peak retest the thesis was built on; the tape is 172 under the high with three sessions left. Wednesday also carries PCE, the third GDP estimate, ADP, Micron and the November Brent expiry; Thursday ISM; Friday the September payrolls, expected near 85–100k with unemployment at 4.1–4.2%. Reweighting up: 30,583 held on two daily closes with the count over 45 (B 34, C 26, D 30, and the structural short out); a monthly close over 30,780 with the count over 50 and JNK over 95 verified (B to A). Reweighting down: a daily close under 30,414 runs the ladder 30,204 → 29,933 → 29,648 → 29,444 → 29,236–29,306 (C and D to 34–36 each, B to 20); with a VIX close over 17.83 or a verified credit break, the shock path is modal and the ladder runs inside the week.
Base case: a retest on a lower RSI, printed and one session from locking, followed by the resolution of the co-modal rollover-or-shock read across the first two weeks of Q3 earnings from around 13 October, with CPI on the 14th and a hike priced for the 27–28 October meeting. A ten-year over five for three closes and a thirty-year at a 2004 high cap every relief; the seven-day plan is the largest upside input if it is ever signed and the largest sell-the-news for the war bid if it is. Central range 29,236–30,780. Reweighting up requires the five-condition parlay — a signed date, two settles under 101, JNK over 95 verified, the ten-year under 4.90 and the count over 50 — for 30,780–31,905. Reweighting down: a settle at 109.45 plus a verified credit break plus a VIX close over 21 runs the shock ladder 29,236 → 28,753 → 27,753 → the R3 band at 27,245–27,354, where the quarterly EMA-5 ladder re-arms only with credit over 95 and Brent under 101.
Base case: a 27,000–30,800 range with downward drift while the monthly divergence resolves, under a hike cycle with two more increases priced and a ten-year that has now closed over five three times. A rejected offer does not move the drift; a signature would move the near-term high and not the divergence. Year-end is conditional on Wednesday's monthly close: a September close under 30,780 with the monthly RSI under 77.88 — the likelier print — then a rollover-or-shock resolution and recovery puts the Nasdaq-100 at 27,500–29,800 and the S&P at 7,100–7,700. The upside tail requires a peace dividend, disinflation resuming into 2027 and a Fed pause after October for 31,500–33,000; the downside tail requires a secondary sanction on a Chinese bank, a 120 Brent transit, a third hike and a verified credit crack for 24,500–26,000, with the 38.2% retracement at 25,882 the terminal.
Friday's closes, the Dow's weekly result and the Akamai–Anthropic headline are from CNBC's market close and Yahoo Finance; the index board with the VIX close and the 5.18 wire print of the ten-year is from TheStreet via Yahoo; the weekly index changes and the Microsoft and Meta moves are from Trading Economics; the Brent and WTI settlements are from CNBC's close report. Araghchi's seven-day offer and the nine Hormuz transits are from CNBC; Trump's rejection is from NPR; the Sunday exchanges between Waltz and Araghchi, and Trump's Axios comment on further talks, are from The National and the Meet the Press transcript; the week's data calendar, the payroll consensus and the mortgage rate are from CNBC's week-ahead and Trading Economics; the CME hike pricing is from FXEmpire's week-ahead. Every chart value is from Core_Charts_20260928.pdf, Gen 3, 55 of 55 core charts resolved, the Friday 25 September close; live prices are from live_prices_20260928.json captured 06:43 Singapore on Monday (Sunday 18:43 New York). The AAII and NAAIM prints are carried from 24 and 23 September, the NYSE 200-day from 23 September, and JNK's sub-94 print is a chart render without a wire close for a third session; carried values are not presented as Friday prints.
Friday repaired the price and not the breadth. The Nasdaq-100 closed over the quarterly band top and over the line that un-prints the structural gate, the S&P traded through its August lid, and the advance-decline line closed positive for the first time in a week; the member count printed 44.55 against the 45 the rule needs, two net new lows printed on an up day and both summations made new lows. The offer that bought the tape was rejected on Saturday and the Sunday futures gave back 82 of the 129 points. The structural short is carried 348 points underwater by rule, now with a price-only backstop, and the tactical line is 30,414 on the downside and 30,668–30,713 on the upside with the rejection-and-divergence rule governing any fade. The next decision point is Monday's daily close against 30,583, and after it Wednesday's monthly close against 30,780.