Weekly Trading Recap: August 10 – 14, 2026
Market Overview
It was a week that looked messy in the middle but resolved cleanly by Friday. The MES opened at 7783.0 and closed at 7802.0, a net gain of +19.0 points (+0.2%) — but that headline number hides a week with a 99.25-point range and some real intraday volatility.
Monday was quiet. Stocks opened under pressure, weighed down by geopolitical uncertainty in the Middle East, rising oil prices, and pre-CPI caution. The MES traded in a narrow band, opening at 7770.25, tagging a high of 7797.0, and closing just off the open at 7772.75 — essentially a nothing day, up only +2.5 points.
Tuesday was where it got ugly. Equities sold off as investors stepped back from recent highs ahead of Wednesday's CPI release, with renewed geopolitical concerns adding pressure. The MES opened at 7793.5 and dropped hard to a weekly low of 7739.25 before closing at 7747.75, down -45.8 points — the biggest down day of the week by a wide margin. That low at 7739.25 became the defining support level for the rest of the week.
Wednesday saw a gap higher on the open to 7792.0 — likely positioning ahead of CPI — but the session couldn't hold it. The market faded to 7756.25 before closing at 7765.5, down -26.5 points. Despite the red close, the range was tighter than Tuesday's, and price was holding above the weekly low. The July CPI print came in at +0.1% for the month, with the annual rate at 3.4% and core CPI at 2.5% year-over-year — in-line with estimates, not a shock, but enough to remove the downside tail risk.
Thursday was the week's standout session. The market rose to a record following the latest sign that inflation is easing, with the S&P 500 climbing 0.7% and topping its prior all-time high. Oil prices also declined, providing an additional tailwind. The MES opened at 7791.5, pushed to the week's high of 7838.5, and closed strong at 7820.25, up +28.8 points. That 7838.5 level is now the key resistance to watch.
Friday gave some of it back. A softer-than-expected July retail sales report — headline retail sales fell 0.6% versus expectations for a +0.1% gain — set a cautious tone. The MES opened at 7828.25, sold off through the session, and closed at 7803.25, down -25.0 points. A weak but orderly finish.
The VIX closed the week at 14.25, down -7.47%, which confirms the underlying tone: this wasn't a fearful week, just choppy. The 10-year yield crept up slightly to 4.70%, a reminder that the rate environment still isn't going away quietly.
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DT Algorithm: 4W / 4L, -22.7 pts
Honest recap: this was a losing week for DT. Four wins, four losses, -$113 on the week. The lifetime record sits at 203W / 100L (67% win rate), so one rough week doesn't change the picture — but it's worth understanding what happened.
The algorithm traded Monday and Wednesday, which were the two weakest days of the week by close. Both sessions had conditions that looked tradeable structurally but resolved against the long bias.
Monday generated three trades, all longs. The first entry at 7787.75 exited at 7793.70 for +6.0 points ($+30) — a clean T1 hit. The second entry at 7790.50 was stopped out at 7774.25 for -16.2 points (-$81). The third at 7780.50 got caught into the close and exited EOD at 7770.50 for -10.0 points (-$50). Monday's cash session was range-bound with no real directional follow-through — the kind of day where a win on the first trade can give way to chop on subsequent entries.
Wednesday followed a similar pattern. The first long entry at 7787.25 was stopped at 7770.40 for -16.9 points (-$84). The second at 7772.00 squeaked out +1.1 points ($+5) at T1. The third at 7776.00 hit the EOD exit at 7767.50 for -8.5 points (-$42). Wednesday was another session that gapped up and immediately faded — the market opened near 7792 and spent the session sliding lower, which made longs from the upper part of the range difficult to defend.
Thursday was the bright spot. The algorithm caught the best day of the week with two winning trades: a long entry at 7806.00 exiting at 7820.00 for +14.0 points ($+70), and a trailing-stop trade from 7814.25 that closed at 7822.20 for +8.0 points ($+40). Thursday's structure was cleaner — a trending day with strong upside follow-through off the CPI data — and the algo performed accordingly.
The week's results reflect a fundamental reality: the DT system is built to catch directional moves, and it did exactly that on Thursday. The drag came from Monday and Wednesday, where the market opened strong and faded, turning long setups into losing trades. Not every week lines up.
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TF Algorithm: 0W / 1L, -42.8 pts
No wins this week on the TF side, and -42.8 points on one loss. The weekly range was meaningful but the structure didn't offer clean trend-following conditions across the full week — Tuesday's flush and Thursday's recovery largely offset each other in a swing context. I'll have more detail on TF trade specifics in the full log, but at a high level, the conditions this week favored the choppier intraday action the DT algo is designed for, not sustained trend trades.
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Next Week
We close the week at 7802.0 in MES, sitting comfortably in the upper half of the weekly range but 36.5 points below the Thursday high of 7838.5. That level at 7838.5 is the immediate ceiling — a clean break above it opens up fresh all-time high territory with limited reference overhead. To the downside, 7739.25 is the weekly low and the obvious support level if sellers return.
The fundamental backdrop is constructive: CPI came in tame, investor confidence is growing that the recent rise in interest rates may be nearing its peak, and the VIX is well below 15. That said, the 10-year closing at 4.70% and the soft retail sales print are worth tracking — they suggest the consumer may be showing some strain even as equity markets hold near highs.
For the week ahead, keep an eye on the FOMC meeting minutes (typically released mid-week following the prior month's meeting) and any Fed speaker commentary, which could move rates and reprice equity risk. If price stays above 7765 – 7775 — the area where Wednesday found support — the bias remains constructive for both algos. A break back below 7739.25 would change the tone significantly.
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Paper Trade with Quanntick
If you want to follow along with the DT and TF algorithms in real time without risking capital, Quanntick offers paper trading access so you can watch how the system behaves across different market conditions. Weeks like this one — where the algo profits on the trending day and gives some back during the chop — are exactly what you need to see before committing real money. Start there.
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*Disclosure: results shown are from a simulated (SIM) account. Simulated performance is hypothetical, does not represent actual trading, and has inherent limitations. Past performance is not indicative of future results.*