A quiet tape rewarded patience as breakouts came selectively
Scanner performance, bot report cards, and the Monday outlook for July 06 to July 10.
Week in Review
A thin week with more setup creation than payoff
Last week produced plenty of scanner activity but not much clean follow-through. Across 468 setups, only 69 resolved as breakouts, which kept the conversion rate low and left a large unresolved stack heading into the new week. For context on the prior regime, revisit the Jun 29 - Jul 3 weekly recap.
The larger message is straightforward: the scanner continued to find names nearing decision points, but confirmation remained selective. That makes execution more dependent on patience around level quality and pressure alignment, especially for higher-grade names and clean breakout levels. If you want current names approaching actionable levels, see live setups in the scanner.
Scanner Scorecard
Volume was abundant, but quality confirmation stayed narrow
The scanner logged 468 total setups, with 69 breakouts for a 14.7% breakout rate. Failures came in at 180, while 210 setups remain unresolved and 9 expired. That distribution says the market generated opportunity on paper, but actual resolution was slow and uneven.
Profit distribution was top-heavy. Only 4 setups reached full TP3 runner status, while 5 hit TP2 and 13 hit TP1. Grade quality also skewed lower: B setups led at 159, followed by A- at 154 and B+ at 139, with just 12 A setups and 4 A+ setups. In other words, the scanner found many candidates, but very few were premium-quality breakout structures. To track the current setup grades and levels in real time, see live setups in the scanner.
Bot Report Card
No trades is a signal, not an absence of discipline
WEX took 0 trades and finished at +0.00R. XCEL also took 0 trades and finished at +0.00R. In a week with weak breakout conversion and limited high-grade supply, that inactivity reads as selectivity rather than underperformance.
What did not work was the environment itself. A 14.7% breakout rate is not supportive for automated breakout participation unless filters loosen, and this week's missed-pattern data suggests the current gating logic may have blocked some real opportunity. Even so, avoiding marginal trades when confirmation is scarce is preferable to forcing exposure into a noisy tape. For live bot behavior and performance tracking, watch the bots trade live in the Edge Lab.
The practical takeaway is that the bots preserved capital, but they may now need review around specific entry blockers rather than broad aggressiveness. The missed trades were not random. They clustered around identifiable filters.
Best and Worst
No standout executions, which reinforces the tone of the week
There were no best trades and no worst trades logged this week. That matters because it confirms the larger pattern: this was not a week defined by exceptional winners or avoidable blowups. It was a week defined by low trade activation and limited resolution.
When a period produces neither notable wins nor notable damage, the review shifts from execution quality to opportunity quality. The more useful question becomes whether the system is filtering too hard around the few names that do move, or correctly avoiding a market that is not consistently rewarding breakout attempts.
Blind Spots
The missed opportunity was concentrated in two filter families
The largest gap came from the relative volume threshold. That filter accounted for 17 missed trades and 31.7R left on the table, which is too large to ignore. The second gap was $SPY alignment, with 5 missed trades and 13.5R left on the table. Together, these two filters explain most of the week's opportunity leakage.
| Pattern | Missed Trades | R Left on Table |
|---|---|---|
| rvol_threshold | 17 | +31.7R |
| spy_alignment | 5 | +13.5R |
The likely conclusion is not that these filters are wrong, but that they may be too rigid for a slower tape where clean names can still break without ideal volume expansion or perfect index confirmation. That is the area to audit before changing anything broader.
Monday Outlook
Financials and large-cap tech dominate the near-level watchlist
The Monday coil list is constructive, with a clear bullish skew and several names sitting within 1% of their levels. $MSFT stands out for proximity at just 0.176%, while $WFC, $BAC, $JPM, and $AXP keep financials heavily represented. If these levels start resolving, this is where early confirmation should show up first. For updated grades and breakout distances, see live setups in the scanner.