Mission Control

Good morning.

Here's what requires attention. U.S. markets are open. Prices are end of day, as of Oct 16, 2026.

New York

MarketS&P 500 −1.11%Leaning down · 1,386 advancers, 2,566 decliners Structural changes2,0095 kinds of change on liquid names Near invalidation13Within 3% of the level that breaks the count

Market regime

3,819 securities measuredMarkets

Leaning down

Uptrend 19%Mixed 46%Downtrend 35%

Above 50DMA: 28%
Near 52W high: 344
Near 52W low: 409
Adv / Dec: 1,386 / 2,566

19% of measured securities are in uptrends and 35% in downtrends, with 28% above their 50-day average. Securities near 52-week lows outnumber those near highs 409 to 344.

How it's measured: price versus the 50- and 200-day averages; advancers and decliners at the last close.

What changed

Through Friday's close

Viridia changesliquid names, session of 2026-10-16

Structure637AVGOTrend moved from mixed to downtrend.LLYTrend moved from mixed to uptrend.
Wave count336TSLANew leading count: Zigzag wC ↓ (confidence 71).PLTRNew leading count: Flat complete ↓ (confidence 67).
New Fib zone882SPYA new Fibonacci confluence zone formed near 726.26.QQQA new Fibonacci confluence zone formed near 682.57.

Viridia signals

Securities trading $25M+ a day · session of 2026-10-16Open scanner

Market pulse

iEnd of day, Oct 16, 2026

Equities

Treasury proxiesETF prices, not yields

Macro

Signal detail

Scanner

SUICount invalidatedImpulse w4 ↑ was invalidated: price closed at 118.08, beyond its 117.46 level. Now Triangle complete ↑.+1.9%
MMSCount invalidatedEnding Diagonal w4 ↑ was invalidated: price closed at 61.47, beyond its 61.1 level. Now Ending Diagonal w4 ↑.+2.0%
BATRKCount invalidatedEnding Diagonal w4 ↓ was invalidated: price closed at 48.82, beyond its 49.18 level. Now Flat wC ↓.−1.2%
TSLANew leading countNew leading count: Zigzag wC ↓ (confidence 71).−2.1%
AVGOTrend changedTrend moved from mixed to downtrend.−4.5%
PLTRNew leading countNew leading count: Flat complete ↓ (confidence 67).−7.2%
LLYTrend changedTrend moved from mixed to uptrend.+0.4%
SGOVTrend changedTrend moved from mixed to uptrend.+0.0%
UNHTrend changedTrend moved from mixed to uptrend.−1.3%
DIANew leading countNew leading count: Zigzag wC ↑ (confidence 71).−0.4%
RSPNew leading countNew leading count: Impulse w5 ↑ (confidence 67).−0.4%
TWLONew leading countNew leading count: Zigzag complete ↓ (confidence 70).−10.6%

ScopeSecurities trading $25M+ a day, session of 2026-10-16.MethodEach session's analysis is compared with the previous one. Events are plain comparisons of stored engine output: the 50/200-day trend state, the latest confirmed intermediate swing, the intermediate swing structure, the top three ranked counts, the nearest Fibonacci confluence zone, and whether the daily and weekly preferred counts point the same way. No model is involved.

Setups to review

Best replayed record first; 1.5 : 1 or better, invalidation within 20%, $25M+ a day; kinds with a negative record left outTrack record All setups

Ticker	Setup	Reference	Invalidation	Structural target	R : R	History	Conf.
GE	BullishWave C under way	313.83	268.91	416.54	2.3	Positive recordhistory 19% · +0.18R	71
T	BullishWave C under way	23.44	19.89	29.00	1.6	Positive recordhistory 19% · +0.18R	71
XLY	BullishWave C under way	112.46

Equities
S&P 500 −1.1% on the day and −2.0% over five sessions; Nasdaq-100 −2.5%; Russell 2000 −1.7%.
Equities
Small caps lagged large caps by 1.1 points over five sessions.
Treasuries
TLT (long-Treasury ETF) +2.7% over five sessions, consistent with long-term yields falling; SHY (short end) held steady.
Macro
Oil +9.1% over five sessions, the largest move among dollar, gold, oil and bitcoin.
Breadth
Decliners led advancers 2,566 to 1,386 at the last close.
Mover
IAMIambic Therapeutics, Inc. +25.9%, the largest gain among securities trading $25M+ a day.
Mover
NBILGraniteShares 2x Long NBIS Daily ETF −24.5%, the largest decline among securities trading $25M+ a day.