Morning Sigma Brief

Thursday, August 6, 2026 Generated: 2026-08-06 12:01:00
Normal volatility (VIX 15.9). Overnight gaps: GC gapped up 2.146%. Gap-fill or continuation setups in play.
☰ Market Conditions MIXED 0↓ 6↔ 2↑ SMA Ribbon
ES Uptrend 80%
NQ Range 40%
YM Uptrend 80%
RTY Range 40%
CL Range 40%
GC Range 40%
SI Range 40%
ZB Range 40%
1H
ES Downtrend 50%
NQ Downtrend 60%
YM Range 40%
RTY Range 40%
CL Range 40%
GC Range 40%
SI Range 40%
ZB Downtrend 60%
VIX 15.93 +0.00%
TNX 4.62 +0.00%
DXY 28.14 +0.00%
🎯 Prediction Markets Polymarket
US recession by end of 2026?
9%
$1.7M vol
How many Fed rate cuts in 2...
0 (0 bps)
$46.9M vol
Fed Decision in September?
No change
$16.1M vol
⚠ Data from Polymarket. Not financial advice.
1 SD (68% of days)
2 SD (95% of days)
3 SD (99.7% of days)
ES
S&P 500 E-Mini
7,764.25
+0.00 (+0.00%)
Overnight Gap +14.75 (+0.190%)
Standard Deviation Levels (from prev close 7,749.50)
7,764.3
7,554 7,945
Level Lower Upper Width
1 SD 7,684.23 7,814.77 130.54 pts
2 SD 7,618.96 7,880.04 261.08 pts
3 SD 7,553.70 7,945.30 391.62 pts
Key Levels
Yesterday High 7,770.75
Yesterday Low 7,748.00
5-Day High 7,820.25
5-Day Low 7,427.50
ATR(14) 94.34
Trading within 1 SD — normal range
NQ
Nasdaq 100 E-Mini
29,507.50
+0.00 (+0.00%)
Overnight Gap -107.50 (-0.363%)
Standard Deviation Levels (from prev close 29,615.00)
29,507.5
28,231 30,999
Level Lower Upper Width
1 SD 29,153.59 30,076.41 922.82 pts
2 SD 28,692.18 30,537.82 1,845.64 pts
3 SD 28,230.76 30,999.24 2,768.46 pts
Key Levels
Yesterday High 29,679.50
Yesterday Low 29,443.75
5-Day High 30,074.00
5-Day Low 28,079.75
ATR(14) 679.84
Trading within 1 SD — normal range
SHORT 1/10 — NQ Swing Structure
CL
Crude Oil
75.02
+0.00 (+0.00%)
Overnight Gap -0.20 (-0.266%)
Standard Deviation Levels (from prev close 75.22)
75.0
66 84
Level Lower Upper Width
1 SD 72.19 78.25 6.06 pts
2 SD 69.16 81.28 12.12 pts
3 SD 66.12 84.32 18.18 pts
Key Levels
Yesterday High 76.04
Yesterday Low 74.57
5-Day High 86.87
5-Day Low 74.24
ATR(14) 4.53
Trading within 1 SD — normal range
SHORT 1/10 — CL Invest Momentum
GC
Gold
4,336.90
+0.00 (+0.00%)
Overnight Gap +91.10 (+2.146%)
Standard Deviation Levels (from prev close 4,245.80)
4,336.9
4,050 4,442
Level Lower Upper Width
1 SD 4,180.40 4,311.20 130.80 pts
2 SD 4,115.00 4,376.60 261.60 pts
3 SD 4,049.60 4,442.00 392.40 pts
Key Levels
Yesterday High 4,363.70
Yesterday Low 4,304.90
5-Day High 4,363.70
5-Day Low 4,022.40
ATR(14) 74.46
Between 1-2 SD — extended move
SI
Silver
62.07
+0.00 (+0.00%)
Overnight Gap -0.03 (-0.048%)
Standard Deviation Levels (from prev close 62.10)
62.1
57 67
Level Lower Upper Width
1 SD 60.55 63.65 3.10 pts
2 SD 59.00 65.20 6.20 pts
3 SD 57.44 66.76 9.30 pts
Key Levels
Yesterday High 63.32
Yesterday Low 61.72
5-Day High 63.32
5-Day Low 57.34
ATR(14) 1.62
Trading within 1 SD — normal range
ZB
30-Year T-Bond
109.78
+0.00 (+0.00%)
Overnight Gap -0.19 (-0.173%)
Standard Deviation Levels (from prev close 109.97)
109.8
108 112
Level Lower Upper Width
1 SD 109.45 110.49 1.04 pts
2 SD 108.93 111.01 2.08 pts
3 SD 108.41 111.53 3.12 pts
Key Levels
Yesterday High 110.22
Yesterday Low 109.50
5-Day High 110.41
5-Day Low 108.25
ATR(14) 0.96
Trading within 1 SD — normal range

Trade Calls

7 setups
LONG CL Range Play PENDING R:R 1.0
Low VIX (15.9) favors range-bound action. Buy CL at 1 SD support 72.19, target mean.
Entry
72.19
Stop Loss
69.16
Target 1
75.22
Target 2
78.25
LONG ES Range Play PENDING R:R 1.0
Low VIX (15.9) favors range-bound action. Buy ES at 1 SD support 7,684.25, target mean.
Entry
7,684.25
Stop Loss
7,618.99
Target 1
7,749.50
Target 2
7,814.75
SHORT GC Gap Fill PENDING R:R 2.0
GC gapped up 1.76% overnight. Fading gap toward prev close 4,245.80.
Entry
4,320.70
Stop Loss
4,357.93
Target 1
4,245.80
Target 2
4,223.46
SHORT GC Mean Reversion PENDING R:R 1.2
GC trading above 1 SD. Fading toward prev close 4,245.80. Stop above 2 SD.
Entry
4,323.32
Stop Loss
4,387.92
Target 1
4,245.80
R:R
1.2:1
LONG NQ Range Play PENDING R:R 1.0
Low VIX (15.9) favors range-bound action. Buy NQ at 1 SD support 29,153.81, target mean.
Entry
29,153.81
Stop Loss
28,692.61
Target 1
29,615.00
Target 2
30,076.19
LONG SI Range Play PENDING R:R 1.0
Low VIX (15.9) favors range-bound action. Buy SI at 1 SD support 60.55, target mean.
Entry
60.55
Stop Loss
59.00
Target 1
62.10
Target 2
63.65
LONG ZB Range Play PENDING R:R 1.0
Low VIX (15.9) favors range-bound action. Buy ZB at 1 SD support 109.45, target mean.
Entry
109.45
Stop Loss
108.93
Target 1
109.97
Target 2
110.49

Brief Call Track Record (22 days)

Expectancy
1.3587%
Profit Factor
4.26
Total P&L
+181.28%
Win Rate
77.8%
Total Calls
162
35W / 70P / 30L / 27E Avg Win: 2.08% Avg Loss: -1.16%
Call Type Count Wins Win% Avg P&L
Mean Reversion 20 3 15% -0.88%
Gap Fill 42 13 31% -0.06%
Range Play 99 89 89.9% +2.06%
Breakout 1 0 0% -2.53%
RSS Feed
Data sourced from Yahoo Finance with approximately 30-second delay on futures and 15-minute delay on equities. Standard deviation levels are calculated from the trailing 20 trading days of daily closes. These levels represent statistical expectations, not guarantees — approximately 68% of trading days stay within 1 SD, 95% within 2 SD, and 99.7% within 3 SD of the previous close. This is not financial advice.