SPY rose 0.32% as 12 of 85 setups broke out; NOC was the pick

Market recap, bot performance, and scanner analysis for Tuesday, July 14.

SPY rose 0.32% as 12 of 85 setups broke out; NOC was the pick

The UnxEdge breakout scanner tracked 85 setups today and only 12 actually broke, which tells you the tape looked better on the surface than it traded underneath. This was a wedge pattern day where select tech strength carried the optics, but broad follow-through stayed thin and most breakouts still failed the test of durability.

Today’s move came with real macro context, not random drift. June CPI hit before the bell, and the market responded the way it usually does when inflation data does not force an immediate policy panic: growth got room to work, QQQ led, and traders leaned back into higher-beta names while keeping one eye on tomorrow’s PPI print. If CPI was the permission slip, chip-adjacent headlines were the accelerant, with Aehr Test Systems ripping on its Q4 numbers and ASML setting up as the next volatility event into Wednesday earnings.

That explains why tech had better intraday sponsorship than the index tape implied, even as the scanner still found more failed moves than completed ones. Semis are still week-over-week weak, but they improved materially from last week’s relative damage, while gold and materials clearly rotated out. Read that correctly: leadership narrowed, and narrow leadership is fine for tactical breakouts, but it is not the same thing as a healthy market. For context on the prior setup tape, here’s yesterday's debrief.

Green index close, messy breakout tape

751.59
SPY +0.32%
719.40
QQQ +1.08%
294.31
IWM +0.28%
85
Setups Scanned
51 / 34
Bull / Bear Setups
42
A / A- Grades
12
Breakouts
21
Failures

Only 14.1% of total scans became breakouts, while failures outnumbered successful resolutions by nearly two-to-one. That is the key read on the day. Indexes closed green, but the breakout engine did not see a broad, forgiving tape.

RDDT bull stopped out

RDDT BULL STOP
Entry zone: $201.52 to $202.32
Stop: $199.31
TP1: $204.53 | TP2: $207.13
Result: -2.49R

No spin needed. Yesterday’s RDDT long failed. In this environment, anything extended or dependent on clean continuation has been vulnerable to sharp rejection, and this one did not hold the risk line.

NOC had the best statistical case, but no swing pick was issued

Top statistical candidate

NOC screened as the strongest setup of the group on raw expectancy. Highest win rate at 90.0%, strongest profit factor at 9.01, and a workable sample of 10 trades. In a tape where broad market strength was still questionable, relative strength in a bull setup mattered.

The system favored its tighter 3-bar structure over more extended alternatives like ISRG and weaker expectancy names like BROS. Still, no official Arxe swing pick was generated today, which is the right call when the stats are attractive but the broader breakout environment is not cooperative. For setup grades and levels, see live setups in the scanner.

NOC breakout scanner chart – July 14, 2026

NOC scanner chart – July 14, 2026 | UnxEdge

Still paused, and that is better than forcing bad trades

Wex and Xcel are in training mode while strategy is being refined. The scanner and Arxe intelligence remain fully active. When trading resumes, every trade will be published here. You can watch Wex and Xcel trade live in the Edge Lab.

The biggest money was mostly in downside names, and all of it was missed

B+ BEAR | +4.29R | TP3

RVOL 0.19x, Day -19.78%. Massive downside follow-through on almost no relative volume signal. Hard to catch with traditional confirmation filters. Genuine blind spot if the system wants event-style collapse trades.

A BEAR | +4.09R | TP3

RVOL 1.0x, Day -7.16%. This is the one that hurts. Top grade, clean downside resolution, and enough quality to deserve attention even in a mixed tape.

B BEAR | +3.37R | TP3

RVOL 0.85x, Day -2.08%. Another strong bear that worked without needing flashy volume. That matters because today’s clean moves were not all high-RVOL momentum names.

B+ BULL | +2.28R | TP2

RVOL 0.87x, Day +8.79%. A legitimate long that had enough impulse to pay despite the choppy broader tape.

B BULL | +1.39R | TP1

RVOL 0.65x, Day +11.89%. Good move, but not the kind of runner that demands regret. Missing this is tolerable if the filter is trying to avoid lower-liquidity noise.

A- BULL | +0.48R | Minor

RVOL 0.61x, Day +5.59%. Broke, but barely paid. This is not a miss that should force system changes.

A- BULL | +0.01R | Minor

RVOL 0.25x, Day +2.35%. Technically a breakout, practically noise.

Today’s calibration lesson: the filter did not miss a broad momentum day, it missed a handful of low-to-normal RVOL names that still expanded hard, especially on the short side, so the real question is whether bear setups deserve looser confirmation than bulls in mixed tapes.

More trap doors than launch pads

12
Breakouts
21
Failures
2
Expired
36.4%
Breakout Share of Resolved

Notable names that resolved included BROS bear A-, COST bear A-, ETSY bull A-, FTNT bull A-, ISRG bear A, and JPM bull B. Mixed list, mixed tape. The best quality move on paper was still the ISRG downside break.

A 36.4% breakout conversion rate says the tape was tradable only if you were selective and fast, not if you assumed green indexes meant broad confirmation.

Specific levels matter more than opinions into PPI and ASML earnings

These are the unresolved A and A- names still coiling. Keep them level-based. No guessing. For live grades and intraday trigger changes, see live setups in the scanner.

AMZN BULL
Grade: A- | Priority: 60 | Distance: 0.7765% | RVOL: 1.0x
Entry trigger: above today’s wedge high
Stop: below today’s wedge low
TP1: first 1R expansion from trigger
APP BEAR
Grade: A- | Priority: 81 | Distance: 0.648% | RVOL: 1.0x
Entry trigger: below today’s wedge low
Stop: above today’s wedge high
TP1: first 1R downside extension from trigger
ARM BEAR
Grade: A- | Priority: 54 | Distance: 1.2886% | RVOL: 1.0x
Entry trigger: below today’s wedge low
Stop: above today’s wedge high
TP1: first 1R downside extension from trigger
CAT BEAR
Grade: A- | Priority: 70 | Distance: 0.877% | RVOL: 1.0x
Entry trigger: below today’s wedge low
Stop: above today’s wedge high
TP1: first 1R downside extension from trigger
CVS BULL
Grade: A- | Priority: 59 | Distance: 0.343% | RVOL: 1.0x
Entry trigger: above today’s wedge high
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