WHY
One force is doing all the selling today, and it is not the chips - the 10-year at 5.22% is repricing every long-duration name in the index while the semis complex sits green.
What has held since the gap is 30,531 - that low got bought once and it is the only line the buyers have defended, so I want to be a seller above it, never chasing into it.
The risk to that short is the semis bid underneath the index - a $150 billion buyback expansion in the largest chip name is a real marginal buyer - and Cook and Barkin speaking at 12:25 and 12:30 can add noise into a thin afternoon.
WHAT
I sell the bounce into 30,760–30,810, with my stop at 30,900.
First money comes off at 30,620–30,660, and the rest goes at 30,500–30,540 if the low gives way.
A close back above 30,900 and the gap was noise - that retires the short side for me today.
HOW
BigBeluga reads the delta volume and order flow at 30,760–30,810, so I only sell that bounce if the sellers are still the ones in control.
ChartPrime's supply zones confirm 30,760–30,810 is a real shelf to lean on, which is what lets my 30,900 stop sit behind actual sellers.
The full card — bias, levels, catalysts, calendar: NQ (Nasdaq) Daily Pulse → https://www.nq815.com/pulse/2026-09-28.html