Stats Edge by Michael Nauss CMT

Stats Edge by Michael Nauss CMT

Stats Edge Evening Note - 8/18/26

Algorithmic Day Trading Ideas

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Michael Nauss CMT
Aug 17, 2026
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The S&P 500 (SPY) fell -0.47% to close at 772.67 while the Nasdaq 100 (QQQ) held up better at -0.16%, closing at 729.87. Energy (XLE) led all sectors at +1.08%, while Communications (XLC) lagged at -1.89%.

Inside tonight's sheet: 7 new orders - 5 Surge Pullback limits resting quietly below the market, waiting for Tuesday's weakness to come to them; 1 Bull-Flag Momentum trigger armed above resistance that only fire if strength shows up; 1 Turnaround Tuesday entry going on at Tuesday's open. One of them - SPY, tonight's free Turnaround Tuesday setup - is open to everyone right below.

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