NAS100 is the only major index sitting at its institutional VWAP anchor today (dev −0.09%), BEARISH bias, Signal 2 active, 70% WR across 10 clean signals. SP500 is 42 points behind it at −0.57% with the next signal queued. Both are shorts. The one number is 29,720.
EARLY CYCLE, Composite +3/9 — bonds and equities confirmed, risk layer (BTC) off. Stress Recovery correlation at 0.38 is the structural caveat: the bond-equity relationship is still elevated from the correction, which reduces position sizing by 25% until it normalises below 0.20. Breadth is confirming at +4/8 on the indices, but transition is deteriorating across most instruments. Trade the setups at the right size.
| # | Ticker | Dir | Entry (dev · price) | Trigger | Invalidation | Edge (WR · Conf · Comp) | Size |
|---|---|---|---|---|---|---|---|
| 1 | NAS100 | Short | 🔒 Members | 🔒 Members | 🔒 Members | 70% (10/10) · Conf 7 (2F) · Exp 54% | 0.75x |
| 2 | SP500 | Short | 🔒 Members | 🔒 Members | 🔒 Members | 64% (11/11) · Conf 4 (3F) · Exp 51% | 0.5x |
| 3 | TSLA | Long | 🔒 Members | 🔒 Members | 🔒 Members | 67% (6/11) · Conf 4 (1F) · Build 94% | 0.5x strict |
| 4 | RUSSELL | Long | 🔒 Members | 🔒 Members | 🔒 Members | 86% (7/7) · Conf 7 (3F) · COILED 81% | WAIT |
| 5 | DJIA | Long | 🔒 Members | 🔒 Members | 🔒 Members | 67% (7/7) · Conf 4 (1F) · Build 97% | WAIT |
If you watch one: NAS100 — Signal 2 live, BEARISH bias at institutional VWAP (−0.09% dev), 70% WR, 10 for 10 clean. The only major index at its AVWAP anchor right now. Levels and trigger in the full board below.
Enter your Cantillon Research subscriber email to unlock the complete June 23 brief — NAS100 Signal 2 short execution plan, SP500 loading setup, TSLA long entry level, and full Watch/Avoid with BTC COILED 82% analysis.
The IVT framework reads institutional volume, compression, and VWAP deviation to identify high-probability setups before they move. NAS100. SP500. TSLA. Structured, every session.
Subscribe for Elite Access →thecantillonreport.substack.com · cantillonresearch.com