Active Investing Edge Mentoring for September 2, 2026

Geoff Bysshe | September 2, 2026

Market Reversal Signals, Opening Range Breakouts, Pivot Stacks, And ATR-Based Trade Management

VIDEO SUMMARY:

Geoff analyzed a modestly bullish market backdrop following a recent support breakdown, using S&P 500 futures, SPY, QQQ, IWM, RSP, SMH, bonds, crude, and sector behavior to judge whether the recovery could continue. He explained how prior support becoming resistance and then reclaiming that level can create a bullish reversal, especially when confirmed by pivots and opening-range behavior. Geoff demonstrated a relative-performance scan that highlighted semiconductors and NVIDIA as stronger than the broader market, while noting that SMH and market breadth still required monitoring. He then taught an intraday framework combining the 30-minute opening range, floor-trader pivots, the five-minute 200-period moving average, VWAP, prior-day levels, and close-and-continue confirmation. Geoff applied ATR to determine stop placement, position sizing, achievable targets, and trailing-stop decisions using NVIDIA, SPY, Apple, Amazon, IBIT, and Visa. He emphasized simplifying the process, aligning daily and intraday evidence, and limiting risk to roughly one or two ATRs.

SESSION HIGHLIGHTS:

  1. [00:00:00] Futures, Support Reclaims, And Market Context: Geoff explains why he begins with futures, identifies a support-reclaim pattern in SPY, and compares futures with ETFs. He uses pivots, RSP, IWM, QQQ, SMH, bonds, crude, and employment data to frame the day's risk.
  2. [00:16:29] Relative Performance And Sector Scanning: Geoff demonstrates how to scan sectors and leading semiconductor stocks for closes above the prior day's high relative to ATR. NVIDIA emerges as a stronger candidate than the broad market, while breadth and sector confirmation remain important.
  3. [00:33:52] Opening Price Action And Sector Confirmation: Geoff evaluates the opening range across SPY, QQQ, IWM, RSP, TLT, and SMH, asking whether markets are moving together. He explains how prior-day highs, inside-day zones, pivots, and early reversals reveal market strength or hesitation.
  4. [01:00:11] Opening Range Breakouts And Reversals: Geoff defines the opening range as the first 30 minutes and shows how close-and-continue confirmation distinguishes breakouts from reversals. He stresses using the setup alongside daily-chart direction, catalysts, and meaningful support or resistance.
  5. [01:16:41] Pivot Stacks, The 200 Average, And VWAP: Geoff layers floor-trader pivots, positive or negative pivot stacks, the five-minute 200-period moving average, and VWAP into a directional framework. His Dell examples show how these levels establish bias, transitions, support, resistance, and stops.
  6. [01:42:14] Sizing NVIDIA, SPY, And Apple Trades: Geoff applies ATR-based sizing to NVIDIA, SPY, and Apple, comparing one-ATR and tighter half-ATR risk. He counts the technical levels inside each stop and checks whether the trade has enough room to reach targets and reduce risk.
  7. [02:07:12] Managing Entries In Amazon, IBIT, And Visa: Geoff evaluates Amazon, IBIT, and Visa by combining daily patterns with VWAP, pivots, opening ranges, and ATR. He explains when to use smaller positions, wait for confirmation, move stops toward breakeven, or reject an extended setup.
  8. [02:30:02] Long-Term Context And Position Management: Geoff contrasts short-term intraday execution with longer-term position management, using CRM, ServiceNow, Microsoft, and Google to explain weekly inflection points. He favors scalable positions, one-to-two-ATR risk, and trailing remaining shares with major moving averages.