Mid-Market Update — October 16, 2026
Mid-Market Update: 8 T1 ignitions, 5 bear signals. Live EdgeOS index regime, SPY key levels, and active setups.
Friday, October 16
Hey TraderValue readers,
Here's the live mid-session read from EdgeOS.
| Index | Last | Count | Trend | Ext | Chart |
|---|---|---|---|---|---|
| SPY (S&P 500) | $767.67 | — Neutral | 🔽 Fluid Bear | Tight | 📈 Chart |
| QQQ (Nasdaq) | $717.04 | 🔴 Bear 1 | ❌ Conf Bear | Stretch | 📈 Chart |
| IWM (Russell) | $271.92 | — Neutral | ❌ Conf Bear | EXT ⚠️ | 📈 Chart |
| /ES (S&P Futs) | $7,756.75 | 🔴 Bear 1 | 🔽 Fluid Bear | Mod | 📈 Chart |
| /NQ (NQ Futs) | $29,709.50 | 🔴 Bear 2 | ❌ Conf Bear | Tight | 📈 Chart |
| /YM (Dow Futs) | $52,497.00 | 🟢 Bull 7 | ✅ Conf Bull | Tight | 📈 Chart |
System is in a chop regime. T1 ignitions carry a 57% historical base rate. Tighten stops; avoid chasing extended setups.
8 T1 ignitions remain active mid-session. 6 at exhaustion — consider locking in gains. Avoid chasing setups with ext_score ≥ 20 (EXT) — the median 10-day drawdown roughly doubles.
EdgeOS · T1 base rate measured on 83k signals, 2020–2026. Not investment advice. Always use proper position sizing and stops.
| ▲ ATR Extension Target (+1.618×) | $778.36 |
| ▲ Bull Trigger (+0.236×) | $773.34 |
| — Last Close | $767.67 |
| ▼ Bear Trigger (−0.236×) | $770.24 |
| ▼ ATR Support Target (−1.618×) | $765.22 |
| Symbol | Last | Count | Trigger | Stop | SCTR · Ext |
|---|---|---|---|---|---|
| 1. JG | $8.68 | Bull 1 | $7.80 (10.2% above) | $7.40 | 24 SCTR · Mod · 57% WR |
| 2. UCO | $62.79 | Bull 1 | $61.33 (2.3% above) | $60.43 | 19 SCTR · Tight · 57% WR |
| 3. GUSH | $48.71 | Bull 1 | $47.80 (1.9% above) | $46.81 | 17 SCTR · Tight · 57% WR |
| 4. WTIB | $39.18 | Bull 1 | $38.01 (3.0% above) | $37.62 | 17 SCTR · Mod · 57% WR |
| 5. TBBB | $57.08 | Bull 1 | $56.40 (1.2% above) | $55.66 | 16 SCTR · Tight · 57% WR |
| 6. WFCF | $13.86 | Bull 1 | $14.04 (+1.3% to trigger) | $13.48 | 15 SCTR · Tight · 57% WR |
| 7. SSL | $16.22 | Bull 1 | $16.03 (1.1% above) | $15.81 | 15 SCTR · Tight · 57% WR |
| 8. APA | $48.12 | Bull 1 | $47.57 (1.1% above) | $46.89 | 15 SCTR · Tight · 57% WR |
| Symbol | Last | Count | ATR Target | Stop | SCTR · Ext |
|---|---|---|---|---|---|
| 1. NXGL | $5.30 | Bull 9 ⚠️ | $5.88 (+10.9% to target) | $5.03 | 862 SCTR · EXT ⚠️ |
| 2. DHY | $16.06 | Bull 9 ⚠️ | $17.26 (+7.5% to target) | $15.72 | 354 SCTR · EXT ⚠️ |
| 3. TZA | $50.70 | Bull 32 ⚠️ | $50.84 (+0.3% to target) | $48.60 | 162 SCTR · EXT ⚠️ |
| 4. AMDD | $25.21 | Bull 11 ⚠️ | $25.46 (+1.0% to target) | $24.09 | 106 SCTR · EXT ⚠️ |
| 5. UVIX | $35.74 | Bull 35 ⚠️ | $36.49 (+2.1% to target) | $33.81 | 106 SCTR · EXT ⚠️ |
| 6. ETHA | $55.25 | Bull 9 ⚠️ | $58.29 (+5.5% to target) | $54.73 | 104 SCTR · EXT ⚠️ |
| Symbol | Last | Count | Short Trigger | Stop | SCTR · Ext |
|---|---|---|---|---|---|
| 1. STRO | $11.07 | Bear 1 | $11.16 (0.9% below trigger) | $11.76 | -14 SCTR · EXT ⚠️ |
| 2. FLNC | $6.12 | Bear 1 | $6.30 (3.1% below trigger) | $6.56 | -14 SCTR · EXT ⚠️ |
| 3. QBTS | $12.02 | Bear 1 | $12.59 (4.7% below trigger) | $13.04 | -11 SCTR · Stretch |
| 4. POET | $5.65 | Bear 1 | $5.90 (4.5% below trigger) | $6.12 | -11 SCTR · EXT ⚠️ |
| 5. OKLO | $28.44 | Bear 1 | $29.48 (3.7% below trigger) | $30.54 | -10 SCTR · EXT ⚠️ |
| Symbol | Last | Trigger | Distance | SCTR |
|---|---|---|---|---|
| PMI | $10.32 | $10.56 | +2.3% to trigger | SCTR 39 |
| KOD | $89.04 | $89.85 | +0.9% to trigger | SCTR 34 |
| RFAI | $34.25 | $34.59 | +1.0% to trigger | SCTR 33 |
| MTC | $5.39 | $5.45 | +1.2% to trigger | SCTR 23 |
Not investment advice. EdgeOS signals are based on historical pattern recognition.
Past win rates do not guarantee future results. Always use proper stops and position sizing.
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