Five Sell Levels in 44 Seconds

Monday, October 19, 2026

At 6:38 a.m. ET the imbalance board fired five hourly sell levels in 44 seconds. The Nikkei, the bond, the Russell, the Nasdaq and gold, one after another. NQ hourly bear 29758.75 was touched at 29759. RTY hourly bear 2753.2 was touched at 2753.5. NQ and RTY are both trading under those levels now. From Sunday's 6 p.m. ET reopen to the run, the board sent 22 prints: 22 hourlies, 0 Daily, 0 Weekly, and MedianReclaim added 13 Daily median tags and 0 Weekly median tags. Every count is a Discord alert from imbalance-alert-router.

That's an all-hourly board. No Daily or Weekly UW level got touched overnight. So the levels that matter this morning are short-term ones, and the index ones are mostly overhead.

Here's the backdrop. ES and NQ are trading over Friday's settle. The Dow is trading under its settle and under the hourly buy level it touched at 5:00 a.m. Every index is still inside its daily expected move. Last week's Week Ahead said last week's floors are this week's ceilings. The first morning of the week printed sell levels on top of the Nasdaq and the Russell.

Here's what the board printed, session by session, and what we're doing about it.

Asia: the reopen gets tagged

What printed on our board. Eleven UW prints in Asia, all hourly. At the 6:00 p.m. ET reopen: the pound hourly bull 1.3322, the euro hourly bull 1.126 and the dollar index hourly bear 101.832. The 10-year yield hourly bull 5.067 at 6:17 p.m. Gold hourly bear 4202.4 at 7:23 p.m., touched at 4202.5. Bitcoin hourly bear 82035 at 7:27 p.m. The dollar index hourly bull 101.803 at 8:00 p.m. Copper hourly bear 6.598 at 9:00 p.m. Gold hourly bull 4190.6 at 9:01 p.m., touched