← All reportsDaily Report 2026-10-16
October 16, 2026 · The S&P 500 fell 1.09% to 7659.44 and is sitting on D1 demand 7610.52-7657.17. That zone has already been tested twice, so it is weak. Fresh WK demand lies lower, at 7313.92-7489.72. The Nasdaq 100 (-2.5% today, -5.49% over five days) and XLK (-3.02%) are inside WK demand with one test.
One trader’s reading of the market, published as a record of how he uses it. It is not advice and not a recommendation: every decision, and every consequence of it, belongs to the reader.