Market Read

A weekly structural read of the market, built from our own indicators.

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Latest read · W41 · 2026-10-05 → 2026-10-09

Utilities top the week, chips give a little back

This combination of defensive sectors leading alongside some growth areas like Cybersecurity (HACK) at +6.24% and China Tech (KWEB) at +4.48%, suggests a cautious but selective risk-on environment.

Utilities top the week, chips give a little back
Best of the week+6.24%HACK · Cybersecurity
Worst of the week-7.43%DRAM · Memory / DRAM
Breadth, 1 week24of 33 groups advancing
Read the full week → New read every Friday, 22:15 CET
This week's tools

How we read it this week

Three of the scripts behind this week's read. Same tools, on your chart.

Edo Sentiment MapFREESentimentEdo Sentiment MapVisual sentiment analysis for market contextEdo Smart Money MapFREEStructureEdo Smart Money MapMarket structure mapping with BOS / CHoCH classification, order blocks and a structural bias panelEdo StructurePREMIUMStructureEdo StructureAdvanced structural analysis and market state classification
W4020262026-09-28 → 2026-10-02Gold, bonds and banks pay for a narrow tech rally▲ HACK+4.00%▼ GLD-3.37%Read →W3920262026-09-21 → 2026-09-25Chips pull away from the rest of the market▲ SOXX+7.43%▼ XLU-3.87%Read →W3820262026-09-14 → 2026-09-18Cybersecurity and crypto run, small caps and utilities sink▲ HACK+7.98%▼ NLR-4.88%Read →W3720262026-09-07 → 2026-09-11Indices hold their trend while breadth thins and energy leads▲ USO+9.12%▼ NLR-5.61%Read →W3620262026-08-31 → 2026-09-04The index holds, the average stock inside it does not▲ USO+9.45%▼ IGV-4.50%Read →W3520262026-08-24 → 2026-08-28The index advanced, the average stock did not▲ IGV+5.93%▼ UFO-4.22%Read →W3420262026-08-17 → 2026-08-21Structure holds as money rotates from technology into commodities▲ IBIT+22.59%▼ HACK-5.55%Read →W3320262026-08-10 → 2026-08-14A wider advance led by energy, with crypto pulling the other way▲ DRAM+13.28%▼ KWEB-5.76%Read →W3220262026-08-03 → 2026-08-07Risk-on week extends the trend, though credit and breadth lag▲ NLR+10.29%▼ USO-8.66%Read →W3120262026-07-27 → 2026-07-31Rotation inside risk, with a month of trading going nowhere▲ KWEB+8.37%▼ USO-5.50%Read →W3020262026-07-20 → 2026-07-24Cyclical sectors lead, tech falters▲ USO+10.27%▼ HACK-5.28%Read →

Educational and informational only. Not financial advice, and not a buy or sell signal.