BCE prints the same confirmation of 10 across three timeframes it printed on Friday, on the same 94% coil, under the same coiled-spring label, pointing the other way. The close that would have made it a long never came. The bias turned instead, and the institutional cluster behind it tightened from 87% to 93% while it did. Toyota is the second name carrying a full size and the only other green light in nineteen charts. US exchanges are shut for Labor Day, so five of the six sized rows below cannot cross until Tuesday’s first four-hour close, and one price settles the whole page.
August payrolls printed 162,000 against a consensus near 55,000, unemployment held at 4.1%, and June and July were revised up by 55,000 between them. Futures now price a quarter-point hike at the September 15 to 16 meeting somewhere between 57% and 65% depending on the venue, against roughly half before the print. The two-year closed at 4.374%, a fifty-two week high, the five-year at 4.545%, the ten-year at 4.78%. Stocks took it quietly. The S&P gave up 0.38% to 7,718.60, the Dow 0.51%, the Nasdaq Composite 0.29%, and the Russell 2000 closed up 0.25%, which is not what a discount-rate shock looks like. Volatility never showed up either, with the VIX at 14.53. US exchanges are shut today for Labor Day. CPI lands Friday, the decision the Wednesday after.
The strength score is +7 of 10.5, against +0 in Thursday’s brief, with money flow still switched off and both stocks and risk appetite switched on, which is the configuration that funds longs on a base getting thinner rather than thicker: equities and risk assets hold while the bond leg keeps failing, and Friday’s front-end repricing is the reason it keeps failing. One structural caveat, and today it outranks the score. US exchanges are closed, so not one four-hour bar on the fifteen US equity charts below can close today, and five of the six rows carrying a size need exactly that.
The strip runs when it argues with price, and Friday it does. The S&P fell 0.38% while advancers beat decliners 43 to 31 across the same 74-name universe, so both cumulative series rose and the panel flagged breadth recovery. That is the entire content of the banner. Five of the seven columns underneath it narrowed against Thursday.
| Reading | Friday close | Thursday close | Direction |
|---|---|---|---|
| Advancing versus declining | +12 net, 43 advancing | +20 net | Narrower |
| Advance-decline ratio | 1.39 | 1.74 | Narrower |
| Advance-decline line | +1,052 | +1,040 | Still climbing |
| Above the 50-day line | 58.1% | 63.5% | −5.4 points |
| Above the 200-day line | 70.3% | 71.6% | −1.3 points |
| McClellan oscillator | +11.6 | +13.9 | Easing |
| Summation index | +11,681 | +11,669 | Still climbing |
Every column is positive and five are worse than Thursday, which is a different thing from broken. The two moving-average columns are the ones that decide anything and both remain comfortably above half the universe, 58.1% over the fifty-day and 70.3% over the two-hundred. Nothing here overrides a red light or opens a shut window. What it does do is explain why fifteen of nineteen charts read bullish while only three qualify to be bought.
Six names out of nineteen carry a size this morning, three at full and three at half. One has already crossed into its window. The other five are open and waiting on a cross that cannot print until Tuesday. Every trigger below is a four-hour close in the trade’s direction, never a touch, and the get-out is always a close back through the cost line. Thirteen instruments sit in Watch and Avoid, four of them the indices, and two of the thirteen carry the loudest readings on the page.
| # | Name | Side | Entry · trigger · get out | What the terminal reads | Size |
|---|---|---|---|---|---|
| 1 | BCE BCE Inc | Short | 🔒 Members | The tightest coil in nineteen charts, carrying the terminal’s own coiled-spring label, the highest confirmation on the page and the deepest institutional cluster behind it. It was published long on Friday. The trigger never printed, the bias turned over the weekend, and the cluster got tighter while it turned.Record +.16R on 144 signals · window open, cross still pending · ten readings across three timeframes · compression coiled at 94%, terminal label COILED SPRING · convergence active at 93%, the highest here · sellers dominant by 11% · light GREEN, fading, 17.3-point cushion · anchor choppy, 23 crossings | Full |
| 2 | TM Toyota Motor | Long | 🔒 Members | Joint-best record on the board and the only other green light in the scan. Sellers still dominate at the most-traded price, which is the case against it. The anchor holds one side for fifty bars at a time, which is the case for.Record +.15R on 118 signals · window open, cross still pending · six readings across two timeframes · compression expanded at 54% · sellers dominant by 17% · cost lines diverged 46% · light GREEN, holding, 10.1-point cushion · anchor trending, 4 crossings | Full |
| 3 | META Meta Platforms | Short | 🔒 Members | Second-tightest coil here and a green light pointing down while price rallies back toward the cost line. Forty-two finished signals is the thinnest publishable record on this board, and it is the only reason this ranks third rather than second.Record +.15R on 42 signals · window open, cross still pending · seven readings across two timeframes · compression coiled at 75% · snapback reset 52 bars ago, the freshest here · light GREEN, holding, 6.5-point cushion · anchor mixed, 8 crossings | Full |
| 4 | DIS Walt Disney | Short | 🔒 Members | The only row on this board that has already crossed into its window, and the only name carrying both a size and a signal tier. Confirmation is the weakest of the six at three readings, and that is what holds it to a half.Record +.07R on 137 signals · qualified, window crossed · three readings across two timeframes · signal tier awarded · compression expanded at 54% · light AMBER, holding, 6.1-point cushion · anchor trending, 4 crossings | Half |
| 5 | CMI Cummins | Short | 🔒 Members | The only setup on the page still loading rather than loaded, with compression building toward the top of its range and the direction already turned down. Amber light, unfinished coil, half size.Record +.08R on 136 signals · window open, cross still pending · six readings across two timeframes · compression building at 76% · light AMBER, holding, 6.9-point cushion · anchor trending, 3 crossings | Half |
| 6 | IP International Paper | Long | 🔒 Members | Longest publishable record in the brief at 160 finished signals, on an anchor that crosses three times in 62 bars a side. Cost lines are scattered, so there is no thick line underneath this one. It was published short on Wednesday.Record +.05R on 160 signals · window open, cross still pending · four readings across two timeframes · compression expanded at 14% · cost lines diverged 72% · light AMBER, fading, 4.5-point cushion · anchor trending, 3 crossings | Half |
If you watch one, watch BCE. Toyota carries the same green light and the same record, and on most mornings the name with buyers behind it is the row you take. BCE wins today because nothing else in the scan holds the coiled-spring label, the highest confirmation and the tightest institutional cluster at the same time, and because it has now been published in both directions inside three sessions without the coil releasing either way. Whichever side finally gets a close, it should be the largest move on this page.
Enter your Cantillon Research subscriber email to unlock the complete September 7, 2026 brief: all six sized rows with their windows, triggers and get-outs, the cost line under BCE’s coiled spring and the close that finally gives it a side, Toyota’s window and the seller dominance sitting against it, Meta’s window and the 1.76 points of it left, the thirteen instruments in Watch and Avoid including the two loudest charts in the scan, and all nineteen terminal captures.
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, and that distance is what "deviation" means. Buy near it and you are buying where they bought. Buy far above it and you are handing them the profit. Entry window · how far from the cost line a new entry can still be sensibly priced. The width comes from the instrument's own volatility tier: two percent for indices and large caps, three percent for mid-range names, three to five for the high-volatility list. Open means you are inside it and waiting on the cross. Qualified means the cross has already printed inside it. Shut means the move has run and you wait for a pullback or a fresh coil. Every trigger in this brief is a four-hour close, in the trade's direction, never a touch. Compression · how tightly the range has wound, from 0 to 100%. Building means it is loading. Coiled means it is nearly full, and coiled spring is the terminal's own label for the tightest version. High compression means the next move should be a big one, says nothing about direction, and never overrides a shut window or a red light. Confirmation · how many independent readings agree, and across how many timeframes. Higher on both counts is better, and two timeframes at 6 beats one timeframe at 8. A negative score means the readings disagree with the stated bias. Signal tier · the terminal's own label for a setup that has cleared its full checklist rather than most of it. It is awarded rarely and it is not a permission to trade on its own. Buyer or seller dominance · which side is actually transacting at the most-traded price, as a percentage skew. Neutral means the two sides are matched and the volume is telling you nothing about direction. Snapback reset · the terminal's oversold or overbought extreme, where price pushed through the second deviation band and reclaimed it. The bar count since the last one is how fresh the current structure is. Convergence · how tightly the separate institutional cost lines have clustered. High convergence means several cohorts of large money paid roughly the same price, so the line underneath is thicker than usual. Diverged means they did not, and there is no thick line to lean on. Anchor hold · how many bars price spends on each side of the cost line before crossing back, and how many times it has crossed. Trending means it picks a side and stays. Choppy means it does not, and a choppy anchor is why a name can reverse its published direction inside a week. 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 never published at all below 20 of them. It is in-sample, so read it as a description of the past and not a forecast. Trend light and cushion · green means full size, amber means half, red means no new entry however good the chart looks, and unproven means the sample is still being built. The cushion is how far the light is from changing, and a negative cushion means it has already changed against you.
Readings captured Monday 7 September 2026, 10:08–10:34 CEST, from the IVT v14 terminal. US equity exchanges are closed today for Labor Day. The fifteen US-listed captures therefore show Friday's last completed four-hour bars and nothing on those charts can trigger until Tuesday 8 September. One row on the board, Disney, had already crossed into its window on Friday's close; the other five are conditional on a bar that cannot print for another day.
The four index captures are broker CFD feeds and resolve the regime panel slightly differently from the fifteen US-exchange equity captures, printing a strength score of +6 of 10.5 with fear at 15 and a bond-versus-stock reading of 0.34, against +7, 14 and 0.41 on the exchange feeds. The exchange reading governs throughout this brief. The difference is a symbol-resolution artefact rather than two regimes, and index levels will also differ from your own index or futures contract. The AMPS capture is WisdomTree Battery Metals on the London Stock Exchange, quoted in pence, not the US-listed Altus Power.
Two names on this board have reversed direction recently and both are stated here so the record reads straight. BCE was published as a full-size long in Friday's free edition, needing a four-hour close over a level that never printed, and is published short today at the top of the board. International Paper was published as a half-size short on Wednesday 3 September and is published long today. Neither reversal is a claim of accuracy. BCE's anchor has been crossed twenty-three times a side, which is the mechanical reason a published direction flips inside a week, and both anchor-hold readings are printed in their rows so they can be weighed against the confirmation score rather than the score being read alone.
Records are in-sample, calculated over the same history the settings were chosen on, so they describe the past and forecast nothing. No rate is published on fewer than twenty finished signals and the sample size is printed beside every one, which is why Constellation Energy and Veralto carry raw counts instead of numbers and WisdomTree Battery Metals carries none at all. Entry windows are derived from the percentage distances the terminal publishes, so treat them as accurate to the nearest cent or index point; trigger levels are set at the nearest structural shelf and are ours, not the terminal's.
Breadth columns compare Friday's close against Thursday's across the same 74-name scan universe. The advance-decline line and summation index are cumulative series and are not comparable to the single-session columns beside them.
Market Update figures are sourced from primary releases and wire reporting. 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.