Porsche prints maximum volatility compression at 100%, Conf 8 across three timeframes, and the strongest buy dominance in the scan at +19% on the volume profile. Deutsche Telekom carries the deepest record in this scan at +.14R over 168 resolved signals and sits fractionally outside its own deviation filter. Both are scored inside a book that reads FULL RISK-OFF with a −2 macro bonus. The number that decides the US side sits on the Nasdaq anchor.
The Treasury said Wednesday it will at least double its long-dated buyback operations, from $2 billion to $4 billion per operation across the 10-to-20 and 20-to-30 year buckets, running September 9 through November 4. The 30-year yield fell to 5.187% from Tuesday's 5.34%, which was the highest print since 2007. This is not a policy move. It is direct intervention in the term premium, and it is the reason the bond-equity correlation on this terminal has rolled from stress into stress recovery.
Liquidity and risk are on, equities are off, and a zero macro bonus means no long on this board gets a tailwind before its own setup is scored, which is why three of the four US indices sit outside their deviation filters and every full-size entry in the scan is a single name. The structural caveat is that this capture does not return one regime. The 24-hour index and metals feeds read LATE CYCLE at +6/10.5 with the bonus at zero and correlation at 0.39. The US cash names read STRESS RECOVERY (NEUTRAL) at +2/10.5 with the bonus at +1, the leader flipped to liquidity and transition improving. The two XETR names read FULL RISK-OFF at −1/10.5 with the bonus at −2 and correlation at 0.47. The German book is the most defensive read the terminal produces this morning, and it holds the two tightest coils in the scan.
The strip runs today because all four US indices print bullish bias and the breadth trend behind them reads −2 on both universes the terminal scores.
| Metric | US book | Europe book | What it says |
|---|---|---|---|
| Breadth regime | Neutral | Neutral | Neither book confirms the bullish bias above it. |
| Score | −1 / 8 | −2 / 8 | Negative on both, worse where the coils are. |
| Trend | −2 | −2 | Thrust falling on both. |
| % above 50-day | 59.8% | 59.6% | Six names in ten hold the short trend line. |
| % above 200-day | 72.1% | 68.1% | Structural participation intact. |
| McClellan | −23.3 | −63.7 | Europe's oscillator is nearly three times more negative. |
| Divergence flag | Clean | Clean | No divergence print yet. The score carries the warning instead. |
Structural participation holds at 72.1% above the 200-day. The short-term thrust does not. Size off the regime and the individual filters, not off the index bias.
| # | Ticker | Dir | Levels | Edge (Filter · Conf · Record) | Size |
|---|---|---|---|---|---|
| 1 | P911 | Long | 🔒 Members | COILED up 100%, the only maximum coil in this scan · Conf 8 (3F), the highest confirmation on any long here · Dev Filter OPEN · VP Delta +19% buy dominant · +.04R on 27 resolved · Fit AMBER improving, 3pt cushion | Mid-Range, half size |
| 2 | DG | Short | 🔒 Members | +.14R on 86 resolved, the deepest sample of any row carrying both a green filter and an open gate · Dev Filter OPEN · Conf 6 (1F) · Building 81% · Fit GREEN improving, 10.8pt cushion | Mid-Range, full size |
| 3 | DTE | Long | 🔒 Members | +.14R on 168 resolved, the deepest record on this board · COILED up 90% · Conf 6 (3F) · Fit GREEN fading, 14.4pt cushion · Dev Filter FAIL, and it is close enough to reopen on any pullback | Equity Daily, full size on reset |
| 4 | RIVN | Short | 🔒 Members | +.23R on 21 resolved, the highest here on the thinnest sample · Dev Filter OPEN · Conf 6 (2F) · Fit GREEN holding, 37.2pt cushion · Anchor CHOPPY, 27 crossings | High-Vol strict, half size |
| 5 | TEM | Long | 🔒 Members | +.19R on 22 resolved · Dev Filter OPEN · Conf 5 (2F) · Fit GREEN holding, 17.6pt cushion · Transition improving, leader liquidity · Expanded 43%, no coil loaded | High-Vol strict, half size |
| 6 | UBER | Short | 🔒 Members | +.13R on 38 resolved · Dev Filter OPEN · Conf 6 (1F) · Fit GREEN improving, 15.5pt cushion · Anchor TRENDING, 250 bars per side on zero crossings, the cleanest anchor in the scan | Mid-Range, full size |
| 7 | ALAB | Long | 🔒 Members | COILED SPRING, the only printed setup here · Conf 8 (1F) · Convergence ACTIVE at 82% · Dev Filter OPEN · Record n=6 of 20 needed, so no rate is published and none is inferred | Paper only until the sample clears 20 |
If you watch one: Porsche. It holds the only 100% coil in the scan, the highest confirmation count on any long here at 8 across three timeframes, and the only buy-dominant volume profile on either German name. Deutsche Telekom has the deeper record by a factor of six in sample size and it is sitting fractionally outside its own filter, which means it cannot be entered this morning without a pullback. A loaded spring with an open gate beats a proven edge behind a shut one.
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Dev · percentage distance from the institutional VWAP anchor, the volume-weighted price institutions actually paid. Dev Filter · PASS means price is close enough to that anchor that the entry is priced well and the reading adds a confluence factor; OPEN means inside the band but the anchor cross has not registered yet, which the terminal marks as next cross qualifies; FAIL means too extended for a clean new entry. Reset zone · the price at which a failed filter comes back inside its band and a new entry qualifies again. Conf (XF) · institutional confidence score confirmed across X timeframes. Higher is better, and more timeframes is better at the same score. Signal Tier · the terminal only prints a tier when a setup has fully qualified; most sessions print none. COILED / Building / Expanded % · volatility compression. COILED is maximum, Building is partial, Expanded means no coil is loaded. Higher means a larger expected move when it releases. None of them state direction, and none of them override the deviation filter. COILED SPRING · the terminal's named setup for a coil at the top of its range with the gate still open. Conv / Convergence · independent institutional anchors stacked in the same zone, reported as a strength percentage. ACTIVE means a real cluster of cost basis is sitting there now; Diverged means no cluster, and the percentage is how far apart they are. Expectancy (R) · average result per signal in units of risk, where a stop is always exactly −1.00R, published with the resolved-signal count. The record is computed over the same history the parameters were chosen on, so treat it as in-sample rather than as forward performance. Nothing is published as a percentage below 20 resolved signals, and a record still building its sample is published as a raw count with no rate attached. Fit · the trend and chop filter. GREEN means full size, AMBER halves the position, RED means no new entries whatever the setup looks like. The cushion is how far the light sits from flipping, and whether it is improving, holding or fading. UNPROVEN means the filter has not yet resolved enough signals on that instrument to state a light. Anchor Hold · how many bars the anchor holds per side before flipping, with the crossing count. TRENDING means it carries a swing; CHOPPY means it does not hold long enough to carry the position it would open. Snapback (SD2L) · the oversold reversal signal fired two standard deviations below the anchor. ACTIVE means it is live now, and the frame count is how many timeframes carry it. VP Delta · net buy or sell dominance in the volume profile at the point of control. Buy dominant above +15%, sell dominant below −15%, neutral between. Swing Type · the multi-bar structural direction. It can disagree with the intraday bias, and when it does the trade is being taken against the larger trend and is sized down. Composite · the sum of the active Cantillon layers on the v14 scale, maximum +10.5. Macro bonus · the regime's tailwind or headwind applied to every trade before the setup is scored. Bd-Eq Corr · 60-bar rolling correlation of bond and equity returns; above 0.35 the two are treated as one risk and bonds stop hedging equities. Cantillon Flow · the cross-asset state. LATE CYCLE means liquidity and risk hold up while the equity layer has already rolled off. STRESS RECOVERY means the bond-equity correlation is coming back down from a stress reading without the layers having re-engaged. FULL RISK-OFF means none of the three layers is on. Tiers · High-Volatility strict, Mid-Range (+5pp band), Equity Daily (+10pp band). The tier sets the base position size before any other adjustment.