Tech slips ahead of GDP/PCE, Treasury auctions and Amazon, Intel earnings after close — Market Radar 20261029

VIX — Market Fear Gauge Daily

VIX fell 2.65% from the session's opening level. VIX fell 3.42% versus the previous session close. Expected volatility eased from the period open. VIX is 28.5% up the recent 15-session range (14.77–22.31), in the 20–30% band.

VR: ATN Volatility Ratio (VR): 9.95 – Stocks rose while expected volatility eased. VR is in the lower part of its preceding 15-session VR range (-0.20 to 41.30), in the 20–30% band. VR rose 1.51 points from the previous session, a small shift relative to that range.

Range lookback: preceding 15 completed sessions.

Major ETFs and Mega Cap Tech Stocks

• Nasdaq futures declined as Alphabet’s results and Samsung’s earnings renewed global concerns about AI profitability.
• Alphabet shares fell more than 10% in Wednesday’s after-hours trading after a profit miss, slower advertising growth and continued heavy AI spending.
• Alphabet’s search and other revenue rose 12% to roughly $63 billion but missed estimates for the second consecutive quarter.
• Google executives acknowledged that AI search generates less revenue than traditional search despite rising query volumes.
• AMD fell 3.3%, Intel declined 3.6% and Nvidia slipped 1% in Thursday’s early trading amid concerns about AI infrastructure costs.
• Microsoft shares rose more than 5% Wednesday afternoon after revenue and profit exceeded estimates, supported by 48% growth in Azure.
• Oracle gained 11% on Wednesday following its investor day, contrasting with Alphabet’s negative earnings reception.
• Amazon reports third-quarter results after Thursday’s close amid scrutiny of returns on AI capital spending.
• Tesla generated $1.5 billion in third-quarter free cash flow, with capital discipline offset by uncertainty around Optimus and Robotaxi timelines.
• Eli Lilly raised its outlook for the third time this year as Zepbound sales increased.
• Fortinet and ServiceNow shares fell after hours despite beating revenue estimates, alongside broader software-sector weakness.

Fed / Financials:

• The Fed held off on raising rates, and its policy update initially supported a market rally before Alphabet’s results shifted attention back to technology earnings.
• Inflation concerns remain central to the policy outlook, with further rate decisions tied to incoming economic data.

Macro / Other:

• GDP and inflation figures are scheduled for Thursday at 8:30 a.m. Eastern, or 7:30 a.m. at the report’s publication offset.

Conclusion:

Alphabet’s earnings miss, weaker search monetization and heavy AI spending dominate the negative Nasdaq futures backdrop. Semiconductor losses extend the earnings reaction beyond Alphabet.

Microsoft’s strong Azure growth and Oracle’s gains provide contrasting evidence of investor support for demonstrated AI returns. The imminent GDP and inflation releases add a separate policy-sensitive catalyst after the Fed left rates unchanged.

ETF, Mag7, and Cross-Market ETF prior day Insights

Overall Tone
On October 28, 2026, daily risk tone was cautiously positive: most index ETFs gained from the open, but mega-cap participation was weak.

Major index ETFs — prior day: 2026-10-28

Instrument	Bias	Date	DNC%	DOC%	O	H	L	C	VWAP	Vol
▲ IWM	▲ ▲ ▲	2026-10-28	▲ +0.40%	▲ +0.34%	280.35	281.48	279.05	281.29	▲ 280.29	18,220,793
▲ DIA	▲ ▲ ▲	2026-10-28	▲ +0.27%	▲ +0.33%	522.98	525.77	522.80	524.68	▲ 524.23	2,194,529
▲ QQQ	▲ ▲ ▲	2026-10-28	▲ +0.60%	▲ +0.21%	724.12	726.14	720.30	725.61	▲ 722.99	27,761,001
▲ SPY	▲ ▲ ▲	2026-10-28	▲ +0.34%	▲ +0.11%	771.43	773.36	769.24	772.31	▲ 771.29	29,181,630
▼ IJH	▲ ▼ ▲	2026-10-28	▲ +0.18%	▼ -0.14%	73.45	73.48	72.87	73.35	▲ 73.22	6,579,738
AVG/Sum	—	—	+0.36%	+0.17%	—	—	—	—	—	83,937,691

Index ETFs
Positive confluence: average DOC% +0.17% from the open; DNC% +0.36% versus the prior close. Four of five gained from the open, led by IWM and DIA, while IJH slipped; all five rose versus the prior close, led by QQQ. Index gains came on below-average volume.

IWM · D:2026-10-28 NC% ▲ +0.40% OC% ▲ +0.34%

IWM – Small Cap Technicals Summary

IWM's completed daily session on October 28 closed at 281.29, up 0.40% from the prior close and 0.34% from the open. The small opening gap up filled, but subsequent trading ended near the session high, above VWAP and above the previous day's high. A higher high and higher low supported the positive daily result, even though the session remained range-bound.

Price was above falling near- and intermediate-term benchmarks, leaving both horizons mixed, while the far-term structure remained downward. The prior 15 sessions showed almost no net directional progress, so the latest gain did not establish broad trend alignment. Range was below average despite expanding lookback ranges, and subdued volume matched decreasing turnover. PSAR and ATR-median were in upward states, contrasting with the moving averages. A next-session low below 273.4051 would conditionally trigger a bearish PSAR reversal.

DIA · D:2026-10-28 NC% ▲ +0.27% OC% ▲ +0.33%

DIA – Dow Jones Technicals Summary

DIA's completed daily session on October 28 closed at 524.68, up 0.27% from the prior close and 0.33% from the open. After filling a small opening gap down, it traded on both sides of the open and finished above VWAP and the previous day's high. A higher high and higher low reinforced the positive session, although the overall trading range remained below average.

The advance aligned with the upward price trend over the prior 15 sessions and rising near- and far-term averages. Intermediate-term positioning was less settled: price was above its benchmark, but that average still declined slightly. Volume was only about two-thirds of average, consistent with decreasing lookback turnover, while ranges continued contracting. The moving-average picture was therefore more constructive than participation. PSAR remained bearish; a next-session high above 527.2277 would conditionally trigger a bullish reversal.

QQQ · D:2026-10-28 NC% ▲ +0.60% OC% ▲ +0.21%

QQQ – Nasdaq 100 Technicals Summary

QQQ's completed daily session on October 28 closed at 725.61, gaining 0.60% versus the prior close and 0.21% from the open. The opening gap up filled, but price recovered to finish above the previous day's high, near the session high and above VWAP. A higher high and higher low reinforced the daily improvement without producing an above-average trading range.

The recovery opposed the declining price trend over the prior 15 sessions. Near-term price was above a falling benchmark, while intermediate-term price stayed below a slightly rising average; the far-term structure remained upward. These differences left the shorter horizons mixed. Both range and volume were below average, contrasting with expanding ranges and increasing turnover in the lookback. PSAR was upward while ATR-median remained downward. A next-session low below 702.409 would conditionally trigger a bearish PSAR reversal.

SPY · D:2026-10-28 NC% ▲ +0.34% OC% ▲ +0.11%

SPY – S&P 500 Technicals Summary

SPY's completed daily session on October 28 closed at 772.31, up 0.34% from the prior close and 0.11% from the open. Its opening gap up filled, but the session still produced a higher high and higher low and finished above the previous day's high. The close near the session high and above VWAP was constructive, although the smaller open-to-close gain shows that much of the daily return originated at the opening.

Intermediate- and far-term averages remained rising beneath price. Near-term price also stood above its benchmark, but that average still declined, leaving a conflict with the stronger longer horizons. The prior 15 sessions retained a downward price trend. Below-average range and volume contrasted with expanding ranges and increasing lookback turnover. PSAR was long while ATR-median remained downward; a next-session low below 758.68 would conditionally trigger a bearish PSAR reversal.

IJH · D:2026-10-28 NC% ▲ +0.18% OC% ▼ -0.14%

IJH – Mid Cap Technicals Summary

IJH's completed daily session on October 28 closed at 73.35, up 0.18% versus the prior close despite losing 0.14% from the open. The opening gap up filled, so the positive daily return should not be confused with an intraday advance. Nevertheless, price made a higher high and higher low, breached the prior inside bar's high, and finished above the previous day's high and VWAP.

The trend picture remained conflicted. Price stood above a falling near-term benchmark, below a falling intermediate-term average, and below a rising far-term average. The prior 15 sessions showed little net directional progress and a slight downward price trend. Below-average range and modestly below-average volume matched contracting ranges and declining turnover. ATR-median recorded a bullish crossover and PSAR was in a long state; a next-session low below 71.87 would conditionally reverse PSAR downward.

Mag7 stocks — prior day: 2026-10-28

Instrument	Bias	Date	DNC%	DOC%	O	H	L	C	VWAP	Vol
▲ AMZN	▲ ▲ ▲	2026-10-28	▲ +0.59%	▲ +0.63%	253.00	255.36	251.98	254.60	▲ 253.69	33,492,996
▲ GOOGL	▲ ▲ ▲	2026-10-28	▲ +1.34%	▲ +0.35%	323.76	326.40	322.65	324.89	▲ 324.50	49,928,713
▼ MSFT	▼ ▼ ▲	2026-10-28	▼ -0.06%	▼ -0.15%	531.82	535.00	526.13	531.01	▲ 529.55	24,192,445
▼ AAPL	▼ ▼ ▼	2026-10-28	▼ -0.94%	▼ -0.89%	346.92	347.18	343.52	343.83	▼ 344.61	34,348,858
▼ TSLA	▼ ▼ ▲	2026-10-28	▼ -0.80%	▼ -1.45%	410.15	410.85	397.18	404.22	▲ 402.22	35,206,848
▼ META	▼ ▼ ▼	2026-10-28	▼ -1.24%	▼ -1.51%	621.85	624.42	609.00	612.49	▼ 613.98	34,463,595
▼ NVDA	▼ ▼ ▼	2026-10-28	▼ -1.17%	▼ -2.06%	219.91	219.99	214.47	215.38	▼ 216.61	90,447,100
AVG/Sum	—	—	-0.33%	-0.73%	—	—	—	—	—	302,080,555

Mag7 Stocks
Negative confluence: average DOC% -0.73% from the open; DNC% -0.33% versus the prior close. Only Amazon and Alphabet gained on both comparisons: Amazon led from the open, while Alphabet led versus the prior close despite falling moving averages across horizons. Nvidia lagged from the open and Meta versus the prior close; Microsoft and Tesla fell but closed above VWAP.

AMZN · D:2026-10-28 NC% ▲ +0.59% OC% ▲ +0.63%

AMZN – Amazon Technicals Summary

AMZN's completed daily session on October 28 ended at 254.60, gaining 0.59% against the prior close and 0.63% from the open. The small opening gap down filled, and the session produced a higher high and higher low. Price closed near the high and above VWAP, although it remained within the previous day's range. That combination shows positive session performance without a decisive expansion beyond the preceding close's trading boundaries.

The advance ran against the declining price trend over the prior 15 sessions. Near-term price stood above a falling benchmark, while intermediate-term price remained just below a rising one, leaving both horizons mixed. The far-term structure stayed upward. Below-average range continued the lookback contraction, but below-average volume contrasted with gradually increasing lookback turnover. PSAR remained bearish; a next-session high above 259.5326 would conditionally reverse that state.

Amazon News and Fundamentals

Amazon unveiled five Alexa-powered devices on October 28, including the Alexa Photo Frame, Echo Time smart alarm clock and redesigned Echo Show 16. Third-quarter earnings are due October 29 after market close, with AWS growth, its reported $496 billion backlog and AI spending in focus. Earnings previews flag rising capital expenditures as a potential pressure on margins and free cash flow. Amazon’s warehouses also increasingly use Hercules robots to carry inventory pods to employee workstations.

GOOGL · D:2026-10-28 NC% ▲ +1.34% OC% ▲ +0.35%

GOOGL – Alphabet Technicals Summary

GOOGL's completed daily session on October 28 closed at 324.89, gaining 1.34% from the prior close but only 0.35% from the open. Much of the gain therefore came through an opening gap up that remained unfilled. A higher high and higher low accompanied a finish above the previous day's high, near the session high and slightly above VWAP.

Despite that improvement, near-, intermediate- and far-term averages remained falling, with price below all three benchmarks. The session was consequently a rebound within an aligned downward structure, consistent with the declining price trend over the prior 15 sessions. Range was less than half of average while volume exceeded twice average, combining limited price travel with unusually heavy turnover. Lookback ranges were contracting as volume increased. PSAR remained bearish; a next-session high above 328.6827 would conditionally trigger a bullish reversal.

MSFT · D:2026-10-28 NC% ▼ -0.06% OC% ▼ -0.15%

MSFT – Microsoft Technicals Summary

MSFT's completed daily session on October 28 closed at 531.01, down 0.06% against the prior close and 0.15% from the open. The small opening gap up filled, and an outside bar showed trading beyond both ends of the previous day's range. Yet the close returned inside that range and remained close to the open, while finishing above VWAP. The result was limited net movement despite two-sided trading.

Near-, intermediate- and far-term averages remained rising with price above their benchmarks, contrasting with the slight downward price trend and very limited directional progress over the prior 15 sessions. Range was below average, consistent with contraction, while above-average volume ran against decreasing lookback turnover. Shorter-term indicators were split between upward PSAR and downward ATR-median states. A next-session low below 516.665 would conditionally trigger a bearish PSAR reversal.

Microsoft News and Fundamentals

Microsoft reported fiscal first-quarter revenue of $92.3 billion, up 19% year over year, and earnings of $4.89 per share versus a $4.71 consensus estimate and $4.13 a year earlier. Azure revenue grew 48% to approximately $33.2 billion. Free cash flow remained positive despite $45.2 billion spent on data centers. Microsoft lowered its 2026 capital-expenditure forecast to $170 billion from $175 billion; CFO Amy Hood attributed the reduction to delays in third-party capacity.

AAPL · D:2026-10-28 NC% ▼ -0.94% OC% ▼ -0.89%

AAPL – Apple Technicals Summary

AAPL's completed daily session on October 28 closed at 343.83, down 0.94% from the prior close and 0.89% from the open. The small opening gap down filled, but trading on both sides of the open ended near the session low and below VWAP. An inside bar and a close within the previous day's range describe a contained retreat rather than a broad range expansion.

The decline conflicted with the rising intermediate- and far-term averages and the upward price trend over the prior 15 sessions. Near-term positioning was less constructive: price finished below a still-rising benchmark, leaving that horizon mixed. Both range and volume were below average; the narrower range matched the lookback contraction, while subdued turnover contrasted with increasing lookback volume. PSAR remained bearish; a next-session high above 350.6868 would conditionally trigger a bullish reversal.

Apple News and Fundamentals

Apple unveiled its first touchscreen MacBook Pro on October 28 in Los Angeles, starting at $2,899 for the 14-inch model; touchscreen use is optional. The launch follows September’s folding iPhone Duo and an October smart-home hub. Apple faces falling global PC shipments and rising memory costs, while AI hyperscalers are bidding up flash-storage prices and absorbing supply. Earnings are due next week.

TSLA · D:2026-10-28 NC% ▼ -0.80% OC% ▼ -1.45%

TSLA – Tesla Technicals Summary

TSLA's completed daily session on October 28 closed at 404.22, down 0.80% from the prior close and 1.45% from the open. The opening gap above the previous day's range filled, and price returned to finish inside that range. Despite the negative return, the session maintained a higher high and higher low and closed above VWAP, making the intraday picture less uniformly weak than the open-to-close loss alone suggests.

Near- and intermediate-term averages remained rising beneath price, aligned with the upward price trend over the prior 15 sessions. The far-term benchmark remained falling despite price standing above it. Range exceeded average and continued a run of large-range sessions, consistent with lookback expansion. Volume, however, was below average against an increasing lookback trend. PSAR and ATR-median remained upward; a next-session low below 375.4962 would conditionally trigger a bearish PSAR reversal.

Tesla News and Fundamentals

Tesla’s third-quarter earnings call highlighted rising Full Self-Driving adoption, Robotaxi expansion, Optimus commercialization and a $20 billion capital-spending plan for 2026. Quarterly capital expenditures were $4.73 billion, below analysts’ roughly $7.77 billion expectation, helping free cash flow turn positive. Operating income nevertheless fell 56% to $718 million. AI, robotaxis and Optimus remain major investment priorities. A Seoul court also dismissed a lawsuit by Tesla owners seeking refunds for Full Self-Driving technology.

META · D:2026-10-28 NC% ▼ -1.24% OC% ▼ -1.51%

META – Meta Platforms Technicals Summary

META's completed daily session on October 28 ended at 612.49, down 1.24% from the prior close and 1.51% from the open. An initial gap up filled before the session finished below the previous day's low, near its own low and beneath VWAP. A lower high and lower low made the decline consistent with the existing near-term weakness rather than an isolated negative close.

The falling near-term average and downward price trend over the prior 15 sessions aligned with the day's retreat. Intermediate- and far-term averages still rose, but price remained below both, leaving those horizons conflicted rather than upwardly aligned. Volume reached about one and a half times average despite a below-average range, matching increasing lookback turnover and contracting ranges. PSAR remained bearish; a next-session high above 665.4943 would conditionally trigger a bullish reversal.

Meta News and Fundamentals

Meta priced 40 million Class A shares at $625 each in an expanded $25 billion offering, alongside approximately $12.5 billion of mandatory convertible preferred stock. Quarterly capital expenditures of $34.9 billion resulted in negative free cash flow of $2.1 billion. Advertising impressions rose 10% and average ad prices increased 14% year over year. Meta also launched Waddle World, an AI-powered virtual-pet app, and indefinitely delayed new commercial terms following publishers’ concerns.

NVDA · D:2026-10-28 NC% ▼ -1.17% OC% ▼ -2.06%

NVDA – Nvidia Technicals Summary

NVDA's completed daily session on October 28 closed at 215.38, losing 1.17% from the prior close and 2.06% from the open. An opening gap above the previous day's range failed to hold and filled. The resulting outside bar finished below the previous day's low, near the session low and beneath VWAP, showing a substantial reversal of the positive opening position.

That weakness aligned with the declining price trend over the prior 15 sessions and the falling intermediate-term average. Near-term price remained barely above a sharply falling benchmark, while the far-term average still rose beneath price, leaving the horizons divided. Range exceeded average despite lookback contraction; volume was below average, consistent with declining turnover. ATR-median remained downward even though PSAR was in a long state. A next-session low below 210.18 would conditionally trigger a bearish PSAR reversal.

Nvidia News and Fundamentals

The U.S. Justice Department is investigating Nvidia’s $12.9 billion acquisition of Hugging Face and requested information about its potential impact on competitors. Hugging Face operates an open-source platform for hosting and testing AI models. On October 28, Nvidia released Nemotron 3.5 Transcribe, a free, open-weight transcription model supporting up to 40 languages, and version 2 of its Granary speech dataset. Nvidia scheduled its third-quarter financial-results conference call for November 17 at 2 p.m.

Cross-market ETFs — prior day: 2026-10-28

Instrument	Bias	Date	DNC%	DOC%	O	H	L	C	VWAP	Vol
▲ IBIT	▲ ▲ ▲	2026-10-28	▲ +0.96%	▲ +1.24%	45.58	46.14	45.43	46.14	▲ 45.75	19,841,541
▲ GLD	▲ ▲ ▲	2026-10-28	▲ +0.33%	▲ +0.60%	371.29	373.60	368.88	373.51	▲ 371.24	8,876,305
▲ USO	▲ ▲ ▼	2026-10-28	▲ +1.64%	▲ +0.01%	166.55	169.40	166.34	166.57	▼ 167.96	5,341,147
▼ TLT	▼ ▼ ▼	2026-10-28	▼ -0.78%	▼ -0.90%	81.72	81.76	80.73	80.99	▼ 81.17	35,166,586
AVG/Sum	—	—	+0.54%	+0.24%	—	—	—	—	—	69,225,579

Cross-Market ETFs
Positive confluence: average DOC% +0.24% from the open; DNC% +0.54% versus the prior close. Bitcoin led from the open, gold advanced, and bonds diverged from equities with losses. Oil was nearly flat from the open despite gaining 1.64% versus the prior close, largely reflecting its opening gap.

IBIT · D:2026-10-28 NC% ▲ +0.96% OC% ▲ +1.24%

IBIT – Bitcoin Technicals Summary

IBIT's completed daily session on October 28 finished at 46.14, up 0.96% from the prior close and 1.24% from the open. An opening gap down filled, and price established a higher high and higher low before closing above the previous day's high. The finish near the session high and above VWAP gave the day's recovery a constructive shape.

The gain opposed the declining price trend over the prior 15 sessions but aligned with rising intermediate- and far-term averages. Near-term price was just above a falling benchmark, leaving that horizon mixed. Participation was restrained: volume was roughly 55% of average, consistent with the decreasing lookback trend, while the below-average range matched ongoing contraction. Thus the improved close did not come with stronger turnover. PSAR remained bearish; a next-session high above 47.757 would conditionally trigger a bullish reversal.

GLD · D:2026-10-28 NC% ▲ +0.33% OC% ▲ +0.60%

GLD – Gold Technicals Summary

GLD's completed daily session on October 28 closed at 373.51, up 0.33% against the prior close and 0.60% from the open. It recovered an opening gap down and finished above the previous day's high, near the session high and above VWAP. The advance occurred in a range about one-third larger than average, with above-average volume, extending a sequence of large-range sessions.

This stronger daily performance opposed the declining price trend over the prior 15 sessions and falling intermediate- and far-term averages. Near-term price moved above its benchmark, but that average still pointed downward, leaving the short horizon mixed rather than aligned upward. Expanding ranges and increasing volume in the lookback show that the latest active session fit the broader volatility and participation pattern. PSAR remained bearish; a next-session high above 378.5619 would conditionally trigger a bullish reversal.

Gold News and Fundamentals

Gold declined in early Asian trading after the Federal Reserve held interest rates unchanged at its October meeting. On October 28, the Fed voted 10–2 to maintain the federal funds target range at 3.75%–4%. Separately, the Bank of Canada raised its overnight policy rate by 25 basis points to 2.50%, with the bank rate reaching 2.75% and deposit rate 2.45%.

USO · D:2026-10-28 NC% ▲ +1.64% OC% ▲ +0.01%

USO – Oil Technicals Summary

USO's completed daily session on October 28 closed at 166.57, up 1.64% versus the prior close but only 0.01% from the open. Almost all the gain came from an opening gap up that remained unfilled. Price traded on both sides of the open and finished near the session low, below VWAP and inside the previous day's range. The strong prior-close return therefore contrasted with little intraday progress.

Near-, intermediate- and far-term averages were all rising beneath price, aligned with the upward price trend over the prior 15 sessions. The latest session did not disturb that alignment, but its below-average range contrasted with expanding lookback ranges. Above-average volume matched increasing turnover without producing a meaningful open-to-close advance. PSAR and ATR-median remained upward; a next-session low below 162.69 would conditionally trigger a bearish PSAR reversal.

Oil News and Fundamentals

U.S. commercial crude inventories fell 1.9 million barrels last week, their fourth consecutive weekly decline, the EIA reported October 28. Gasoline inventories rose while distillate stocks declined. Oil fell in early Asian trading after settling higher overnight, with Middle Eastern supply risks in focus. U.S. Energy Secretary Chris Wright described high prices as a temporary interruption caused by the Iran war and said large military forces were being used to get ships through the Strait of Hormuz.

TLT · D:2026-10-28 NC% ▼ -0.78% OC% ▼ -0.90%

TLT – Long-Term Treasury Bonds Technicals Summary

TLT's completed daily session on October 28 ended at 80.99, down 0.78% against the prior close and 0.90% from the open. A small opening gap up filled, and an outside bar finished below the previous day's low and beneath VWAP. The range was about 64% above average, making this a marked expansion relative to the contracting ranges of the prior 15 sessions.

The decline interrupted the upward lookback price trend and left price below a rising near-term benchmark. Intermediate-term price remained above a falling average, while the far-term structure was downward, so no consistent trend alignment emerged. Volume stayed below average in keeping with decreasing lookback turnover, rather than expanding alongside the day's range. ATR-median remained upward, but PSAR was in a short state. A next-session high above 81.92 would conditionally trigger a bullish PSAR reversal.

Glossary: Instrument — ticker symbol; hover for the instrument or company name; Date — session date. DNC% — prior-session close to this session’s close; DOC% — daily session open-to-close percentage change. O — open; H — high; L — low; C — close, all for the table’s daily or weekly session; VWAP — volume-weighted average price; its arrow shows whether the close is above or below VWAP. Vol — period trading volume.

Bias — three directional readings, in order: DNC%, DOC%, then VWAP. ▲ positive/above; ▼ negative/below; — neutral or unavailable. Matching arrows show alignment; opposing arrows show mixed conditions. AVG/Sum — simple average of percentage changes and sum of reported volumes.

Futures Session Fib Grid Analysis – Snapshot

Session Fib Grids normalise market positioning as percentages, making direction and alignment comparable across different asset types.

Latest available snapshot for each instrument; Time(CT) shows the individual update date and time.

Glossary: YSFG — yearly; MSFG — monthly; WSFG — weekly; RSFG — regular trading hours (RTH); SFG — the current session, including pre-market or other sessions. TSI indicates trend strength and power.

Bias shows trend alignment across these six readings. The arrows follow the column order: YSFG, MSFG, WSFG, RSFG, SFG and TSI. Matching arrows show alignment; opposing arrows show mixed conditions.

Futures Higher Time Frame Analysis

Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2026-10-29 07:16 -05:00 CT.

US Indices Futures

• ES above YSFG/MSFG/WSFG F0%, rising longer-term benchmarks, daily price below 20-day, upward pivots, support 7648.50, resistance 7819.50 and 7897.50–7906.25.
• NQ above YSFG, daily WSFG recovery, MSFG below F0%, below daily 20/55-day benchmarks, weekly DTrend pivots, support 28987–28992, resistance 30178 and 31119.50–31616.50.
• YM above YSFG/MSFG, below WSFG, rising longer-term weekly benchmarks, daily upward pivots, support 51970 and 50859, resistance 53168–53211 and 54259–54294.
• EMD above weekly YSFG/MSFG/WSFG references, rising weekly but declining longer-term daily benchmarks, DTrend pivots, support 3600–3600.3, reversal 3702.9, resistance 3703.4–3737.8.
• RTY upward YSFG/MSFG/WSFG trends, rising weekly benchmarks versus pressured daily structure, daily upward pivots within intermediate DTrend, support 2848.4 and 2723.3, resistance 2860.8–2870.9, reversal 2888.9.
• FDAX above YSFG/MSFG/WSFG F0%, above all displayed daily benchmarks, daily UTrend, support 25426 and 24925, resistance 26112, weekly pivot threshold 26255, major resistance 26844–26847.

Overall State

• Short-Term: Bullish
• Intermediate-Term: Bullish
• Long-Term: Bullish

Conclusion

Weekly Fib-grid positioning and rising longer-term benchmarks maintain a predominantly bullish HTF structure. ES and FDAX retain bullish ratings across both timeframes; FDAX has regained all displayed daily benchmarks. NQ lags on intermediate structure, with MSFG below F0% and daily price beneath declining 20/55-day benchmarks. YM remains below its weekly Fib reference. EMD and RTY recoveries contrast with bearish daily long-term ratings and unresolved DTrend pivot structures. Recent ES weekly long signals and a monthly short signal reflect timeframe divergence. Recoveries remain bounded by the listed pivot resistance zones, while swing-low supports define the broader pullback structures.

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’

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