Trading System Signals on 09-29-2026 and Setup for October's Trade Starts Tomorrow

Trading System Signals for September 29, 2026

There are so many reasons for the stock market to have a steeper correction. Bonds yields have edged higher and Crude Oil remains persistently higher. Tomorrow is the last trading day of September and the last trading day of Q3 before we go into the final quarter of 2026.

If the market can't go down for a long list of reasons, sometimes it can surge higher instead. Tomorrow would be a good day for the bulls to make a statement if they can pull it off. The Nasdaq futures are less than 700 points away from all-time highs and we have seen recent moves of that magnitude.

At the close tomorrow, the bulls would love to say, "We are at all-time highs even with high interest rates. Imagine where we will be when Crude Oil breaks and yields stop moving higher." Fear of missing out could set the tone for an overnight drift and gap continuation.

The trade this week has been very sloppy so far with stop running price action, challenging both long and short trades. A holding pattern of chop with a low VIX can also generate sudden surges in the market and another trend continuation to all-time highs and higher.

Traditional fundamentals are bearish but technically, it has been difficult to short the market. Price action gives the trend.

The 18 System Portfolio NQ recently recovered from a max drawdown and hit new equity peaks intra-day on Friday. It is currently in an 18.4K drawdown out of a max drawdown of 67K based on trading one E-mini per system. 

I like the setup for tomorrows trade.

• The 18 System Portfolio NQ is almost 20K off of its equity peaks (start on drawdown)
• The price pattern on the daily chart for a continuation move.
• The after-hours drift lower in yields and Crude Oil
• End of month, end of quarter transition, can generate favorable moves with institutional accumulation or distribution. 

Hypothetical Trading System Signals — September 29, 2026

Risk Disclosure: Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Actual results may differ materially from hypothetical results. Futures trading involves substantial risk and is not suitable for all investors. Past performance, whether actual or hypothetical, is not necessarily indicative of future results. Drawdown figures are based on end-of-day calculations and do not reflect intraday drawdowns. Only risk capital should be used for futures trading.