Closing SA — 2026-04-22

Situation Awareness: Bullish. The session opened with a relief rally driven by extended ceasefire optimism, maintained upward momentum on mega-cap tech leadership (AAPL +2.63%, AMZN +2.18%, GOOGL +2.20%), and closed at record highs across the board. Trade mode for tomorrow: selective and opportunistic — focus on early strength and high-conviction breakouts. Today’s defining context was the “TACO trade” (Terrorism, Arms, Ceasefire, Oil) in reverse — geopolitical tension easing just enough to unlock buying, even as oil spiked to $93.01 (+3.9%) and U.S. 10Y yields held at 4.29%. Regime context — 70.35% of stocks closed above their 40-day SMA (vs 70.68% prior), regime held at Bullish, and the 4% Bull/Bear gauge shows 232 bulls vs 81 bears. The 5-day trend turned up 3 of 5 days, signaling early recovery in trend breadth.

SIP: ADI AMAT AVGO MSFT

• What’s working today: momentum continuation and breakout setups — 2LYNCH: 116 signals, D9M: 92 signals, Reversal: 145 signals
• Leading sectors: Technology (+3.31 ATR%, percentile 100), Communication Services (+1.32, 89th), Financials (+2.26, 95th)
• Key event: Adobe’s $25B share repurchase announcement catalyzed broad software buying; Boeing’s Q1 narrow loss and record $695B backlog lifted aerospace sentiment (BA +5.53%, MAS +10.77%)
• Regime threading: morning SA called Bullish (70.7%), closing is Bullish (70.3%) — held stable despite oil volatility, as mega-cap tech leadership offset sector rotation weakness in Real Estate, Financials, Industrials, and Utilities
• DEP watchlist: AMPL, ADI, AVGO, BULZ, FCEL — top D9M tickers with strongest ATR%-M, volume, and regime alignment
• SIPS: ADI, AVGO, MSFT — Continuation scan tickers with >1.5 RVOL, institutional interest, and breakout proximity