DFSD

Dimensional Short-Duration Fixed Income ETF

NYSE Arca · ETF

46.83

+0.02 (+0.04%)

Close, Oct 16, 2026

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Structural summary

What is the structure, what changed, and what would invalidate it

Viridia Intelligence

Context across dimensions, not a rating

StructureNot enough swingsNeeds more confirmed intermediate swings.

WaveUnresolvedZigzag complete, next move down (Pattern Confidence 60).

FibonacciNo zoneNo confluence zone near price.

MomentumWeak3 months −1.7% (behind SPY by 4.6 points); 6 months −2.9%.

RegimeDowntrend−0.3% vs the 50-day average, −1.8% vs the 200-day.

RiskNormal20-day volatility 3% vs 3% over the year; 1-year drawdown −4.3%; beta 0.08.

DFSD setup historyNot replayed yet; the track record fills in most-traded securities first.Track record

Current structure

Price, swings and the preferred count on the chart

DFSD · 1DLoading bars…

SourceMassive, end of dayUpdated—MethodDaily bars, split-adjusted

Candidate interpretations

Every count shown passes every hard rule

Candidate interpretations

Ranked by Pattern Confidence

Counts ending at the latest minor swing high, 48.51 on Feb 27, 2026. 22 labelings tested, 16 broke a hard rule, 6 remain.

Hard-rule evidence: why 16 labelings were eliminated

9Wave 2 always retraces less than 100% of wave 1
3Price after the last labeled point has not crossed a rule-based invalidation level
2Wave B ends short of the start of wave A (a zigzag is a sharp correction)
1Wave B retraces at least 90% of wave A
1Expanding triangle: C ends beyond A's end, D beyond B's end, and E beyond C's end

Method Every chain of 3–6 alternating pivots ending at the latest confirmed pivot is tested as each pattern; only counts with zero hard-rule failures are kept, then ranked by Pattern Confidence. Rules: rulebook.Engine pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1, bars to Oct 16, 2026

Fibonacci map

Confluence zones above and below the closeClose 46.83

No price band within 35% of the close has two or more independent Fibonacci relationships.

Method Targets come from the Fibonacci relationships the sources describe for the wave in progress, Elliott trend channels, the prior fourth wave of lesser degree, and 38.2–78.6% retracements of the latest swing. A zone is where two or more independent relationships fall within max(¼ ATR, 0.4%) of each other; strength counts them, weighting primary ratios and higher degrees. It is not a probability.

Evidence

The setup the preferred count implies, and how that kind of setup has done

Setup

Minor degree · from the preferred count

No scenario at minor degree right now

The target is closer than the stop (reward:risk 0.10 : 1): most of the count's expected move has already happened, so it isn't a setup. Viridia shows nothing rather than a guess.

NoteResearch scenario generated from Viridia's structural model. Not a recommendation.MethodA setup restates the preferred count as a trade: the entry (the close, or the level where the correction in progress most often ends), the stop where the count is wrong (a rule level, or the end of a finished pattern), and the count's own Fibonacci target. Reward:risk is measured from the middle of the entry range. A setup needs reward:risk of at least 1 : 1. It is research output from the wave count, not a recommendation or a forecast.

Engine details

Analysis engine: pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1
Bars analysed to: Oct 16, 2026
Price history: Automatic, updated nightly
Daily bars: 514 since Sep 30, 2024
Avg volume, 50 days: 644.8K
Dollar volume, 20 days: $36.9M
SEC CIK: Not matched
Provider symbols: nasdaqtrader: DFSD · massive: DFSD
Listing changes: None since Sep 24, 2026

SourcePrices: Massive (end of day, split-adjusted). Listings: Nasdaq Trader, SECUpdatedOct 19, 2026, 8:00 AM EDTMethodSecurity master, daily snapshot diff

Structure at a glance

Daily chart, as of Oct 16, 2026

Since the count's last pivot (48.51, Feb 27, 2026) price has moved −3.5%, the way the count expects.6 of 6 rule-valid counts expect the current move to be down.

Close call.The top two counts are within 0 points. Treat the structure as unresolved until one is invalidated.

Preferred count

Zigzag up · complete, next move down ↓

A three-wave zigzag correction up looks complete, so the larger trend would normally resume down.

A-B-C from 46.66, Jan 13, 2025

Pattern Confidence60Medium

4 of 6 checks met

Key levels, preferred count

Reassess+3.6% from close

48.51

The pattern ended here. A move above it means its last wave is still going, so the pattern isn't complete.

Target, next move

None

No unreached Fibonacci target.

Nearest confluence zone

None

No zone within 35% of price.

Alternate count

Flat down · wave C ↓

Price is in wave C of a three-wave flat correction down.

A-B from 47.84, Apr 4, 2025

Pattern Confidence60Medium

1 of 1 checks met

Why this count is preferred · 4 met, 2 not met

Met

Wave B retraces 38.2% to 85.4% of wave A
Wave B retraces under 90% of wave A (deeper B waves fit a flat better)
Wave C travels beyond the end of wave A (a failure is a truncation)
The count starts at the price extreme of the prior swing (a new trend begins where the old one ended)

Not met

Wave C equals 61.8%, 100% or 123.6% of wave A
Alternate waves are related by a Fibonacci ratio within 5% (wave 5 to wave 1, C to A, or triangle legs at 61.8%), the more reliable kind of relationship

MethodPattern Confidence = (guidelines met + 2) ÷ (guidelines measured + 4), from the rulebook's guidelines, Fibonacci tendencies and wave-personality checks (wave 3 speed and volume, wave 5 volume, alternation in time, a start at the prior extreme), alternate waves in Fibonacci ratio, and the rarity of running flats. The alternate is the best-ranked count that tells a different story. It ranks the rule-valid counts against each other; it is not a probability of any outcome.

Structural summary

Viridia Intelligence

Current structure

Candidate interpretations

Candidate interpretations

Fibonacci map

Fibonacci map

Evidence

Setup

Engine details

Structure at a glance

What changed