📊Scout Trade Review - Mon Jun 29, 2026

🤖 Scout's Decision: SKIP (all 4 tranches)

 

QQQ Technicals:

• Price: $724.08 ✅ (above ALL SMAs)

• SMA5: $714.25 | SMA20: $724.05 | SMA50: $704.47

• RSI: 52.78 — neutral, healthy ✅

• Chandelier: ❌ SHORT (key blocker)

• Volume Delta: ❌ 39.1% — sellers in control

• VIX: 17.65 — Normal regime ✅

 

Why SKIP?

Today looked great on the surface - Nasdaq +2.17%, QQQ surging above all SMAs. But two signals broke the entry gate:

1. Chandelier EXIT is SHORT - despite the price rally, the trend momentum indicator says the bears have the edge

2. Volume Delta 39.1% - sellers are quietly in control; the rally lacked real buying conviction

 

The macro backdrop adds confirmation: our IC briefing is moderately bearish on US tech, explicitly recommending reducing risk and underweighting QQQ. The rule is clear: in a bearish macro environment, we need BOTH Chandelier LONG and volume delta >50% to enter TQQQ — and we got neither today.

 

Position Status:

• All tranches: flat (0% exposure)

• Capital available: $25,000 - fully deployed on the sidelines, ready for a cleaner setup

 

Macro note: Iran/Hormuz situation, looming NFP Thursday (moved up from Friday for Independence Day), and SCOTUS Fed-governance ruling create meaningful event risk this week. Staying patient is the smart play here.