Tech bounced on Monday and most stocks fell. One of 18 charts carries a green light, which means full size: Synchrony, sitting on the price large money paid for it, $73.71. It reports at 12:00 CEST, so the buy comes after the print, not before. Dollar-yen is the half-size long. Wix is the short.
| Buy | Synchrony long, full size, after this morning’s report, on the first four-hour close over its line. The only green light on the scan. |
| Buy | Dollar-yen long, half size. Live now, with the longest record on the scan behind it. |
| Sell | Wix short, half size, on the first four-hour close under its line after Monday’s 2% bounce. |
| Wait | Banner. Wound to 100% now, from 97% yesterday. It reports Wednesday after the close, so the plan starts Thursday. |
| Skip | Spotify, Robinhood, SpaceX and all four indices. Eleven of 18 charts carry a red light. The three without a record yet each fail on the chart itself. |
The Nasdaq Composite rose 1.1% to 26,430.89 on Monday as chipmakers bounced, and the S&P 500 added 0.4% to 7,690.73. Underneath, it was a down day. The equal-weight S&P lost 0.3%, NYSE decliners beat advancers 1,761 to 945, and the 10-year yield climbed 6 basis points to about 5.15%.
Single stocks slipped from Early Cycle to Late Cycle on Monday’s close: money still flowing, stocks no longer joining, longs docked −1. But bonds and stocks moved together at 0.34, back under the 0.35 stress line, so yesterday’s blanket half size is lifted. Each chart’s light sets its own size today.
| Book | Reading | What it means this morning |
|---|---|---|
| Stock charts Monday’s close | Late Cycle +2 of 10.5 | Stocks switched off as the rally narrowed to a few large names. Risk was still on at the close. This is the clock the trades below run on. |
| Index charts live, 10:26 CEST | Accumulation +1 of 10.5 | Risk switched off overnight with Asia, leaving only money flowing. Tailwind for longs +2, bonds and stocks apart at −0.24. On Monday morning this clock read Full Risk-On, +4. It lasted one session. |
| Index | The line | What it means this morning |
|---|---|---|
| S&P 500 CFD 7,703.05 | Inside | 0.23% over its 7,685 cost line, from 0.33%. Confirmation 7 on two frames, down from 9. Red, improving, −.12R over 26. |
| Nasdaq 100 CFD 29,467.4 | Further under | 0.90% under its 29,735 line, from 0.70%, despite Monday’s 1.1% Nasdaq gain. The overnight Asia selloff took it back. Red, fading, +.01R over 115. |
| Dow CFD 52,127 | Under | 0.27% under its 52,268 line, from 0.43%. Swing still bear. Red, fading, −.09R over 47. |
| Russell 2000 CFD 2,733.9 | Far under | 5.0% under its 2,878 line, unchanged. The oversold snapback is still active on two frames, and still on a red light. Red, holding, −.02R over 37. |
The index panel slipped to Confirming, +3 of 8, from +4 on Monday morning, with 43.9% of stocks above their 50-day average and 50.7% above their 200-day. Our own engine, run after Monday’s close at 01:50 CEST, still labels the tape Breadth Recovery. Its count went the other way: 24 advancers, a net of −26, advance/decline 0.48, and a McClellan of −58.6, down from −36.6. 32.4% of its names sit above their 50-day, 63.5% above their 200-day.
Captures were taken between 10:23 and 10:31 CEST. Stock readings sit on Monday’s close; three printed pre-market. Robinhood closed 1.90% under its line and printed $95.45, 3.02% under it, two cents past its 3% window. Intuitive Surgical printed $434.94, 2.03% over its line. SpaceX printed $147.33, 2.52% under its line. The S&P CFD at 7,703.05 sits 0.16% over Monday’s cash close. Copa, Franklin Electric and DuPont were not recaptured; Monday’s levels stand. Every entry below is judged on the first four-hour close after the 15:30 CEST open, at 19:30 CEST.
| Name | Reports | What it does to the trade |
|---|---|---|
| SYF | Today, 12:00 CEST | The report lands before the open. The entry is judged on the first four-hour close after it, never on this morning’s reading alone. |
| BANR | Wed, after the close | No new entry before the print. The plan starts Thursday. |
| SPOT | Thu, before the open | Two sessions of room. Not enough for a four-hour trade. Left alone. |
| WIX | No date set | Last year’s third quarter came on November 19. Clear for now. |
| # | Ticker | Dir | Entry | Why it is on this list | Size |
|---|---|---|---|---|---|
| 1 | SYF | Long | 🔒 Members | Based between $70 and $76 since late September and closed Monday on its cost line, with the only green light on 18 chartsCoiled-spring setup · Conf 9 / 3 frames · coiled 76% · converged 86% · +.13R over 40 signals, range +.02 to +.24 · green, holding, 19.4-point cushion | Full, after the print |
| 2 | USDJPY | Long | 🔒 Members | Has ranged between 157 and 159 for weeks, crossing its cost line 15 times, and the light is improvingConf 7 / 2 frames · building 78% · +.06R over 178 signals, range −.01 to +.12 · amber, improving, 7.6-point cushion | Half |
| 3 | WIX | Short | 🔒 Members | Under its cost line for most of six weeks. Last week’s break above it reversed the next session, and Monday’s 2% bounce stalled just under itConf 5 / 2 frames · coiled 85% · +.04R over 25 signals, range −.23 to +.32 · amber, holding, 3.9-point cushion | Half |
| 4 | BANR | Long | 🔒 Members | Fourth week on its line, now wound to 100%, with earnings Wednesday after the closeCoiled-spring setup · Conf 6 / 1 frame · coiled 100% · converged 84% · +.08R over 92 signals, range −.01 to +.18 · amber, improving, 10.9-point cushion | Half, after the print |
Synchrony closed Monday at $74.19, 48 cents over its line. The report lands at 12:00 CEST. A first four-hour close after the open over $73.71 puts the long on. A close under it ends the setup, and you wait.
You can check this against the tape yourself, which is why it sits on the free side of the gate. The exit and the targets do not.
Enter your Cantillon Research subscriber email to unlock the complete October 20, 2026 brief: the Synchrony band and exit around today’s report, the dollar-yen and Wix levels, the Banner plan for Thursday, every pre-market price against its cost line, and all 18 four-hour captures.
Every Friday the complete brief ships open, with all levels, every execution block and all terminal captures, and no gate anywhere on the page.
Cost line (the anchor) · the volume-weighted price large money actually paid over the current swing. Everything in this brief is measured as distance from it. Buy near it and you are paying what they paid. Buy far above it and you are paying their profit. Entry window · how far from the cost line a new entry can still be sensibly priced. Inside it, the entry is fairly priced. Past it, the move has already run and you wait for a pullback. Compression · how tightly the range has wound, from 0 to 100%. High means the next move should be a big one. It says nothing about direction, and it never overrides a shut window. Confirmation · how many independent readings agree, and across how many timeframes. Higher on both counts is better. Record · the average result per signal in units of risk, where being stopped out is exactly −1.00. Always published with the number of finished signals behind it, and measured over the same history the settings were chosen on. Below 20 finished signals no rate is published. A short record is not a verdict on the chart, only on what can be measured yet. Trend light · green means full size, amber means half, red means no new entry however good the chart looks. A chart with no light yet, because its record is still being built, is sized at half. The cushion is how close the light is to changing.
Readings captured Tuesday 20 October 2026 between 10:23 and 10:31 CEST from the IVT v14.4 terminal, on four-hour bars. Stock readings reflect Monday’s close; prices marked pre-market are extended-hours prints. Index and currency levels are live CFD and FX feeds and differ from the cash index and your futures contract. US exchanges open at 15:30 CEST. Cost lines and window edges are derived from the terminal’s published percentage distances. Support and resistance levels are read off the chart and are approximate.
Records are in-sample and forecast nothing. No rate is published on fewer than twenty finished signals, and the sample size is printed beside every one. Synchrony reports today before the open, Banner after Wednesday’s close and Spotify before Thursday’s open. Do not hold a four-hour trade through a report.
Charts are unmodified terminal captures provided for reference, not as entry instructions. Educational content only. Not financial advice. Past results do not predict future ones.