MUY

YieldMax MU Option Income Strategy ETF

NASDAQ · ETF

21.73

−0.14 (−0.64%)

Close, Oct 20, 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.

WaveUnresolvedImpulse, wave 4 up (Pattern Confidence 63).

FibonacciZone aboveNearest confluence 22.54–22.84 (3 relationships), +4.4% from the close.

MomentumNot enough historyNeeds 3 months of sessions.

RegimeNot enough historyNeeds 200 sessions.

RiskNot enough historyNeeds a month of sessions.

MUY 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

MUY · 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 low, 20.85 on Oct 15, 2026. 22 labelings tested, 13 broke a hard rule, 9 remain.

Hard-rule evidence: why 13 labelings were eliminated

9Wave 2 always retraces less than 100% of wave 1
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
1Contracting triangle: C ends short of A's end, D short of B's end, and E short of 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 20, 2026

Fibonacci map

Confluence zones above and below the closeClose 21.73

21.73close

Bar length is the zone's strength (a weighted count of relationships, not a probability). Select a zone to see what forms it.

22.54 – 22.84+4.4% from the close

3 relationships · strength 2.6 · Minor degree

22.84RetracementWave 4 retraces 38.2% of wave 3 · Minor · EWF
22.79ProjectionWave C = 123.6% of wave A · Minor · EWF · secondary ratio
22.54ProjectionWave C = 100% of wave A · Minor · Essentials

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

Bearish setupWaiting for the reference level

Wave 4 pullback

Wave 4 is correcting wave 3. The scenario looks for it to end ahead of wave 5.

Pattern Confidence 63 · Medium

Reference level+4.4% from close

22.54–22.84

Wave 4 retraces 38.2% of wave 3, inside a confluence zone (3 relationships)

Invalidation+12.7% from close

24.49

wave 4 cannot enter wave 1 territory (hard rule)

Structural target−3.9% from close

20.88

Wave 5 = wave 1, measured from the entry

Reward : risk

1.0 : 1

Invalidation 8.0% from the reference level · 1.7 ATR

Track record: this setup reached its target first in 7% of 109 past cases, averaging −0.29R. Method

Waiting: enter only if wave 4 reaches the entry range without crossing the stop.
The trade is wave 5: late in the trend, usually on lighter volume than wave 3.
Close call: the alternate count scores within a few points of the preferred one.

NoteResearch scenario generated from Viridia's structural model. Not a recommendation.BasisMinor degree, daily bars through Oct 20, 2026. Followed for up to 60 sessions in the track record.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 20, 2026
Price history: On demand, then updated nightly
Daily bars: 16 since Sep 29, 2026
Avg volume, 50 days: 29.7K
Dollar volume, 20 days: $727K
SEC CIK: Not matched
Provider symbols: nasdaqtrader: MUY · massive: MUY
Listing changes: 1 recorded

SourcePrices: Massive (end of day, split-adjusted). Listings: Nasdaq Trader, SECUpdatedOct 22, 2026, 8:00 AM EDTMethodSecurity master, daily snapshot diff

Structure at a glance

Daily chart, as of Oct 20, 2026

Since the count's last pivot (20.85, Oct 15, 2026) price has moved +4.2%, the way the count expects.9 of 9 rule-valid counts expect the current move to be up.

Close call.The top two counts are within 3 points. Treat the structure as unresolved until one is invalidated.

Preferred count

Impulse down · wave 4 ↑

Price is in wave 4 of a five-wave decline (impulse).

1-2-3 from 26.30, Oct 2, 2026

Pattern Confidence63Medium

3 of 4 checks met

Key levels, preferred count

Invalidation+12.7% from close

24.49

Price above this level breaks the count.

Target, wave 4+5.1% from close

22.84

Wave 4 retraces 38.2% of wave 3

Nearest confluence zone+4.4% from close

22.54–22.84

3 Fibonacci relationships meet here.

Alternate count

Flat up · wave C ↑

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

A-B from 24.49, Oct 7, 2026

Pattern Confidence60Medium

1 of 1 checks met

Why this count is preferred · 3 met, 1 not met

Met

Wave 3 measures 161.8% or more of wave 1
Wave 3 moves faster (price per bar) than waves 1 and 5
Wave 3 has the heaviest average volume of the actionary waves

Not met

Wave 2 retraces 50% to 85.4% of wave 1

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