Quiet Close, Clean CATs
| NVDA | CAT | Tight afternoon coil, closed +1.8% on lighter volume — institutional bid into the print. |
| AVGO | CAT | Higher low on the 5-min at 14:30, broke prior high at 15:15, held it. |
| PLTR | CAT | Character-change setup confirming late — first session above the declining 8DMA in three weeks. |
| MELI | LIQUID_LAVA | +3.4% midday, -1.2% by close, range expanded 2.4× 20-day average. Two-sided action ahead of guidance. |
Late-Hour Read
A constructive tape into the close. SPY held +0.34% through the final hour with rising breadth — 56% of S&P names above 50DMA, the first read above 55% in five sessions.
The three CATs were textbook: tight afternoon structure, clean break of a meaningful intraday level, close near the high. NVDA's tight coil ahead of tomorrow's earnings is the cleanest read on the board — institutional bid is present and patient.
MELI gets the LIQUID_LAVA tag because the daily range expanded violently in both directions. It's a name to watch, not to trade — the next session will tell whether the range expansion resolves up or down.
Connection to the Morning Read
This morning's daily flagged the 8DMA reclaim on SPY (~580.40) as the key level for the base attempt. The index closed at 581.20 — above the level, with breadth confirming. The GELB read holds, but the trajectory is constructive.
Tomorrow
NVDA earnings post-close Wednesday is the gating event for the week. AVGO and PLTR remain in clean structure overnight. MELI on watch — if the range continues to expand, the LIQUID_LAVA tag stays; if it tightens back, it moves to CAT or off the list entirely.
One report per week. No noise.