February 17 2026 Trader Market Radar – NYSE Pre-Market Session

SPY Weekly View

View weekly charts on: AlphaWebTrader HTF Charts

Holiday Radar

No U.S. market holidays pending in the next 7 days.

Earnings Radar

Monitoring for earnings releases by the Magnificent 7, AI-tech-related firms, and major financial institutions.

No monitored earnings reports are pending in the next 7 days.

For full details visit: Yahoo Earnings Calendar

EcoNews Radar U.S. Events

EcoNews Summary

• Wednesday 14:00 – FOMC Meeting Minutes (High Impact):
  Traders will look for clues regarding the Fed’s future rate path, inflation outlook, and timing for potential rate cuts. Any hints of hawkishness could trigger volatility in equity index futures.
• Thursday 08:30 – Unemployment Claims (High Impact):
  Elevated or decreasing claim numbers directly impact rate expectations, risk sentiment, and could move indices sharply, especially if results diverge from forecasts.
• Thursday 12:00 – Crude Oil Inventories (Low Impact, Oil-relevant):
  Large inventory draws or builds can influence oil prices. High oil prices could stoke inflation concerns, putting additional pressure on equities and potentially supporting sector rotation.
• Friday 08:30 – Advance GDP q/q (High Impact):
  First look at Q1 economic growth. Large surprises can swiftly reprice markets around risk, economic health, and Fed policy trajectory.
• Friday 08:30 – Core PCE Price Index m/m (High Impact):
  The Fed’s preferred inflation gauge. Hotter-than-expected print could diminish rate cut hopes and weigh on indices; softer print could spark upside momentum.
• Friday 09:45 – Flash Manufacturing & Services PMIs (High Impact):
  These readings offer real-time insight into business activity and economic resilience. Sharp moves are likely on significant deviations from consensus.

EcoNews Conclusion

• Weekly market focus centers on Wednesday’s FOMC Minutes and Friday’s macro releases: GDP and Core PCE. Expect the potential for increased index futures volatility and shifts in liquidity surrounding these events.
• Be aware that news events around the 10 AM time cycle, such as Friday’s PMI releases, often act as catalysts for market reversals or accelerations.
• Crude Oil Inventories may impact broader indices—any ongoing high oil prices could amplify inflation risks and influence market sentiment.
• Market momentum and volume may slow ahead of the FOMC Minutes and Friday’s GDP/PCE releases, as participants await key policy signals and economic data.

Market News Summary

• Energy stocks remain undervalued even as they deliver robust cash flow. Oil markets are volatile: geopolitical tensions and upcoming U.S.-Iran nuclear talks are propping up prices; peace deals could change the outlook. Inventories and a surge in supply are putting a lid on further oil price gains, while natural gas trades in a tight range.
• Gold and Silver retreated as the Chinese New Year began and ahead of U.S.-Iran talks, with further weakness tied to position adjustments and shifting investor sentiment. Volatility is likely to remain high in 2026 despite forecasts calling for substantial price advances. Gold is testing support levels near $4,900 as FOMC minutes approach, with upside toward $5,000 possible.
• Shipping stocks are quietly benefiting from a robust freight recovery, as evidenced by a strong rebound in global shipping rates.
• Small caps are showing notable signs of life, signaling renewed risk appetite, while a broad-based shift toward cyclicals (industrials, energy, housing, transportation) is underway, driven by an economic recovery and increased capital expenditures on AI.
• Tech and luxury stocks face selling and increased volatility. AI, once a market driver, is now raising uncertainty and margin concerns, especially for wealth management, logistics, and software companies. The Nasdaq is under ongoing pressure, recording another weekly loss and staying in the “fear” zone on sentiment indicators.
• Indices futures indicate continued weakness for U.S. equities, with tech sector losses leading the declines. S&P 500 and Dow are also soft. Mixed analyst views on key U.S. stocks reflect an uncertain outlook.
• China’s markets are turning positive post-holiday, encouraged by trade optimism, support from the central bank, and AI sector strength.
• Fund manager sentiment is rotating away from U.S. AI-exposed sectors toward overseas equities, reflecting bubble concerns and the search for resilience over pure growth.

News Conclusion

• Market dynamics remain highly sector-specific: value and cyclical stocks such as energy, shipping, and selected international equities are gaining favor, while technology and luxury shares face headwinds from shifting sentiment and macroeconomic drivers.
• Commodities like oil and gold are tracking geopolitical events and policy expectations, fueling volatility and quick moves around key support and resistance levels; near-term direction hinges on U.S.-Iran negotiations and central bank communications.
• U.S. indices and futures point to persistent caution with a notable divergence between cyclicals and tech-heavy growth stocks. Overseas markets, particularly China, are benefitting from policy support and trade momentum.
• Broader investor sentiment is cautious, with rotation prevailing over broad-based rallies and increased focus on fundamental resilience in the face of AI and macro uncertainties.

Market News Sentiment:

Market News Articles: 21

• Positive: 33.33%
• Neutral: 33.33%
• Negative: 33.33%

Sentiment Summary: Market news sentiment is evenly distributed, with positive, neutral, and negative articles each making up approximately one-third of the coverage.

This indicates that current market news reflects a balanced mix of sentiment, without a clear leaning towards optimism or pessimism.

GLD,Gold Articles: 10

• Negative: 40.00%
• Neutral: 40.00%
• Positive: 20.00%

Sentiment Summary: Out of 10 recent articles covering GLD and gold, 40% were negative, 40% neutral, and 20% positive in tone.

Conclusion: Market news sentiment is currently mixed for GLD and gold, with a notable proportion of negative coverage alongside an equal share of neutral sentiment and a smaller percentage of positive articles.

USO,Oil Articles: 7

• Positive: 57.14%
• Neutral: 42.86%

Sentiment Summary: The recent market news regarding USO and oil is predominantly positive, with 57.14% of articles reflecting a positive sentiment and 42.86% presenting a neutral tone.

This indicates that current coverage is largely optimistic, though a significant portion of news remains balanced in its outlook.

Market Data Snapshot

ETF Snapshot of major stock market ETFs, Mag7, and others as of: February 17, 2026 07:16

• IBIT 38.97 Bullish 5.18%
• GLD 462.62 Bullish 2.49%
• IWM 262.96 Bullish 1.32%
• IJH 71.24 Bullish 0.99%
• TLT 89.72 Bullish 0.55%
• QQQ 601.92 Bullish 0.21%
• DIA 495.28 Bullish 0.12%
• TSLA 417.44 Bullish 0.09%
• SPY 681.75 Bullish 0.07%
• MSFT 401.32 Bearish -0.13%
• USO 76.22 Bearish -0.21%
• AMZN 198.79 Bearish -0.41%
• GOOG 306.02 Bearish -1.08%
• META 639.77 Bearish -1.55%
• NVDA 182.81 Bearish -2.21%
• AAPL 255.78 Bearish -2.27%

Higher Time Frame Analysis

Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2026-02-17: 07:16 CT.

US Indices Futures

• ES Weekly/Daily: YSFG, MSFG, WSFG all down, below NTZ/F0% on all grids, swing pivots down, resistance at 7000.06/6900, support at 6546.50/6587, MAs turning down, strong downside structure.
• NQ: All major fib grids down, price below NTZs, swing pivots lower, resistance at 24948.75, support 24379.75/24239.75, all MAs down, high volatility, selloff phase confirmed by recent signals.
• YM: YSFG, MSFG up, WSFG down, price above monthly/yearly NTZ, below weekly, swing pivots up, support at 48313/49015, resistance layered up to 50877, long-term MAs up, short-term pullback evident.
• EMD: YSFG, MSFG up, WSFG short-term down, price above major NTZs, swing pivots up, recent high at 3564.7, support 3521.5, all MAs rising, bullish structure with short-term consolidation.
• RTY: YSFG, MSFG up, WSFG down, price above intermediate/long NTZs, below weekly NTZ, swing pivots up, resistance at 2749.4, support at 2596/2554, most MAs rising, near-term consolidation.
• FDAX: YSFG, MSFG up, WSFG down, price above major NTZs, below weekly NTZ, swing pivots up intermediate/short-term, resistance 25641, support 24554/24226, all MAs in uptrend, consolidating short-term.

Overall State

• Short-Term: Bearish to Neutral (ES, NQ, FDAX Bearish; YM, EMD, RTY Neutral)
• Intermediate-Term: Bearish (ES, NQ); Bullish (YM, EMD, RTY, FDAX)
• Long-Term: Bearish (ES, NQ); Bullish (YM, EMD, RTY, FDAX)

Conclusion

ES and NQ futures display broad-based downside momentum, with all major session fib grids trending down and price action below all NTZ levels, indicating prevailing bearish conditions and corrective price phases. Both show swing pivots and moving averages confirming the downtrend, with recent signals aligning with continued weakness and significant distance to next support. In contrast, YM, EMD, RTY, and FDAX maintain intermediate-term and long-term uptrends, supported by upward-trending YSFG and MSFG fib grids, positive moving averages, and swing pivots near or at recent highs. These instruments currently hold above key intermediate and long-term support, though most exhibit short-term consolidation or pullback, especially as shown in the WSFG framework. Volatility and volume are elevated in declining instruments, while consolidating uptrends show moderate participation and choppy short-term signals. The overall context reflects divergent states: ES/NQ are in pronounced correction phases; YM/EMD/RTY/FDAX remain structurally bullish on higher time frames, experiencing short-term mean reversion or consolidation.

Note: Intra-day counter-trend pullbacks or retracements may occur, HTF is context for informational usage and market structure. Glossary: Session Fib Grids periods of YSFG:’Yearly’, MSFG:’Monthly’, WSFG:’Weekly’

For full details visit: AlphaWebTrader Technicals

Tech Weekly View

View weekly charts on: AlphaWebTrader HTF Charts