Weekly Signal · · 8 min read
Three Rotations, One Week
One signal to define the week and shape the month. Three minutes, six questions. Every Sunday at 21:00 CET — scored the next.
19 July 2026 · closes through Jul 17.
0 · Last week, scored
Verdict: confirmed — the bear line fired. Last Sunday's signal said the market had priced the good outcome before seeing a single print, with SOXX the referee between 554 and 590. The prints came in good to record-setting — ASML's capacity frame, TSMC's record quarter, Netflix's growth — and the tape sold every one of them. SOXX broke the 554 floor and never saw it again: Friday ran the full round trip, 498.54 at the open of the washout, a kiss of 530.52 — the prior close, to the tick — and a fade to 521.81, 43 cents below the June washout intraday (522.24). SMH closed under its 566.83 triple-bottom line. QQQ, remarkably, held its own June washout by 39 cents (686.76 low vs 686.37). One asterisk over all of it: Friday was a third-Friday options expiry, which amplified both the violence and the reclaim. Monday — with Seoul reopening and a clean tape — is the confirmation session. The running ledger lives at the track record.
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