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ite-workflows/scan-watchlist.md
2026-08-15 15:42:41 -04:00

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## Plan: Watchlist Confluence Scan
### Phase 1 — Broad filter across all 54 tickers (~5-8 tool calls)
**1. Market context snapshot**
- Pull `SPY` and `QQQ` snapshots to establish the day's market regime (trend, range, key levels). Everything filters through this — no short setups in a strong uptrend day, no longs into a breakdown.
**2. Batch screen for daily structure**
- Run a Finviz scan (or equivalent) filtering for:
- Price within ~3% of the 50-day MA (your stated preference)
- Consolidation/base pattern or pullback setup
- Above/below VWAP context
- This narrows 54 → likely 10-15 candidates worth deeper review.
**3. Parallel ticker snapshots**
- Pull `snapshot` data for the ~10-15 candidates from Phase 2 to get:
- Current price, day range, volume vs average
- Pre-market action (gappers up/down)
- % change from 50MA (if available from scan data)
### Phase 2 — Confluence analysis on the shortlist (~3-4 calls per ticker × 5-8 tickers)
For each candidate, evaluate these confluence factors:
| Factor | Tool / Source | What I'm looking for |
|--------|--------------|----------------------|
| **Daily chart structure** | `chart_command` — load symbol, D timeframe | Trend direction, price vs 50MA/200MA, support/resistance zones, base/consolidation patterns |
| **Intraday setup** | `chart_command` — 3-min or 5-min chart | VWAP relationship, pre-market gap vs overnight range, opening range break potential |
| **Volume profile** | `chart_command` — volume indicator | Above-average volume confirming the move, or thin volume suggesting trap |
| **Options flow / unusual activity** | `mcp` → `ttg-options` chain snapshot | Unusual call/put volume, max pain, gamma exposure — institutional positioning signal |
| **Relative strength** | Visual chart comparison | Is it holding while the sector/market sells? That's a Mike-style confluence flag |
### Phase 3 — Trade plan construction on top setups (2-4 tickers max)
For the 2-4 tickers with the strongest confluence:
**1. Chart the setup**
- Load the ticker on AI chart with overlays: VWAP, 50 EMA, key S/R levels drawn
- Identify the exact entry zone, stop level, and target levels (T1/T2/T3)
**2. Draft the trade plan**
- Symbol, side, entry zone, stop, targets, time horizon
- **Rationale**: confluence factors that align (daily structure + intraday trigger + flow confirmation)
- **What invalidates it**: the one condition that kills the thesis
**3. Options structure**
- Given your preference for credit spreads, evaluate:
- Credit spread strikes (defined risk, collect premium)
- Bid-ask spread width (< $0.25 preferred for scalps)
- Time decay working in your favor
### Phase 4 — Summary card
Deliver a structured card showing:
- Top 3-5 setups ranked by confluence score
- Each with: setup type, entry/stop/targets, key confluence factors, risk level
- The "sitting on hands" list — tickers that looked okay but lacked a decisive edge
---
### Estimated tool call count
- **Phase 1:** ~8-10 calls
- **Phase 2:** ~15-25 calls (depending on shortlist size)
- **Phase 3:** ~5-8 calls
- **Phase 4:** 1 card build call
**Total: ~30-45 tool calls** — this is a substantive scan. I'd recommend we do Phase 1 first to see the shortlist, then you can approve Phase 2 on the narrowed candidates rather than burning through credits on all 54.
### Key question before I proceed:
1. **Long only, or long + short?** You've expressed interest in both — what's the bias today?
2. **Time horizon:** 0DTE intraday scalps, or day/swing holds?
3. **Asset class focus:** Equities only, or include ETFs (SPY/QQQ/TAN/SOXL/SQQQ/KRE) in the confluence review?