The fresh US opportunities number ten in all, and the top of the table tells a recurring theme: high signal strength, but volatility to be handled with discipline. Leading is Iridium Communications (strength 76), a powerful picture with price hugging its all-time highs — so much so that the quality band rates the opening high-risk. Right behind, three names tied at 76: SoFi Technologies, squeezed between a nearby resistance and support with entry still to confirm; Shopify, bouncing off its 20-day average with a 7% recovery from session lows; and Roblox, on a first attempt at recent highs, outcome uncertain. Rounding out the five is MercadoLibre (strength 66), the only one at medium conviction, sitting well below its all-time high and thus with ample running room ahead. The common thread is that these are wide, volatile setups to manage with patience: the first week calls for caution and confirmation.

The US positions in progress number 125, and the front-runners are a manual of management with coverage complete. Fortinet leads (strength 87) in week 9, running at +81.08%: all 3 model targets hit, stop already at breakeven, earnings on July 30. It is joined by two stories of healthcare and tech deep in profit: Oscar Health (strength 87), week 12 at +122.7% with the stop now trailing the Inversion Point in the 26.8 area, and Moderna (strength 87), a remarkable week 29 at +170.74%, with the latest week accelerating. Rounding out the top are Roku (strength 86, +39% in week 12, residual capital trailing) and Datadog (strength 86, +101% in week 10, third management window reached). The operational message is uniform: on these runners the job is no longer to open but to protect the profit already banked, moving the stop and letting the residual position run with the trend.

The US sell signals in active state number 137, some triggered this week and most running for a while. The top of the strength table shows two faces of decline. On one side, those losing steam: Alibaba (strength 87.4), week 5, recovered 1.4% after three straight drops with a daily double bottom in the 95 area, but capital flow stays negative and the short profit sits at 20.58%; and Tilray (84.9), week 9, where a double bottom in the 4.4 area and a 10% rebound mark the first hint of easing pressure, with the trade at +16.91%. On the other side, those still under tension: Li Auto (strength 88.8), week 7, a nearly flat close but with heavier distribution and worsening momentum (profit 24.35%); Circle Internet Group (84.9), where the decline accelerated with a -12.2% week and sell volume at 80% on a picture worsening on multiple fronts; and Stellantis (86.5), which recovers 2.3% but stays in pronounced distribution on the daily chart. The read is clear: watch these closely, and hold off on opening from cold.

The fresh opportunities in Europe and the UK are just three, and tellingly they all carry the week's defensive signature. Leading is AstraZeneca (strength 52), medium conviction and steady profile: a clean weekly structure, aligned averages and price above the Ichimoku cloud, with a daily double bottom in the 12,460 area and a 14% rebound; the stock remains 8.81% below its all-time high, a first attempt with the outcome still open. Next is GSK (strength 47), just triggered, with a bullish weekly structure but a picture still in transition that calls for a cautious entry and reduced size, confirmation to be read next week. Rounding out is the iShares STOXX Europe 600 Utilities ETF (strength 36), in week 1 hugging its all-time high: modest strength and a quality indicator at 70 out of 100 capture a tension phase, a constructive but not explosive picture. Three defensive-quality signals — pharma and utilities — that the flight to shelter makes especially consistent with the moment.

The European and UK positions in progress number 62, and the top blends a freshly confirmed buy with runners whose coverage is complete. In first place is Bayer (strength 89), in week 1 and already at +13.53%: the confirmation week closes higher, but the model reads underlying weakness and suggests a cautious trim on part of the position. Right behind is Infineon (strength 89), week 11 at +58.24%, with all 3 targets hit and the stop trailing the Inversion Point in the 71 area. Then come two Italian stories and one from luxury: Brunello Cucinelli (strength 83), week 12 with coverage complete and some signs of fading selling pressure; Banca Monte dei Paschi (strength 83), week 11 at +21.65% with coverage done and a trailing stop; and Anglo American (strength 83), week 12, closing up 1.8% with the stop in the 3,612 area. The block alternates the management of mature profits with a fresh buy to be handled with the caution the model recommends.

The European and UK sell signals in active state number 54, and the strength ranking sharply separates the decline still alive from the one running out of steam. Tenaris (strength 87.9) is the most directional case: in week 2, it shed 4.0% and keeps making lower lows, with no sign of exhaustion, though still above its 200-week average — an opening the model rates high-risk. At the opposite end are declines losing steam: the iShares STOXX Europe 600 Automobiles & Parts ETF (strength down to 21) recovered 3.5% and is drifting with no fresh push; Rio Tinto (strength down to 20) sheds 1.4% in a decline that isn't accelerating; and BMW (strength 86.2), week 8, recovers 2.5% with seller pressure fading but underlying flows still weak. In between, Stellantis (strength 82.1) gives up 1.8% in an isolated drop that has yet to turn into real acceleration. Across all of them the quality band flags trading as not recommended: these are positions to monitor; no case for fresh entries here.

The fresh opportunities in the rest of the world are three, all Brazilian, and they sketch a profile of medium conviction, without real acceleration. Leading is Sabesp (strength 54), a water utility with a solid weekly structure and all averages aligned, but with a couple of warning flags emerging in the latest week to monitor in the coming reads. Next is Ultrapar Participacoes (strength 54), a bullish structure with the four averages aligned, a quality indicator at 53 out of 100 and a daily double bottom it exits with a 6% rebound. Rounding out is Itausa (strength 50), the financial holding, with a bullish weekly structure, quality at 57 out of 100 and a sequence of higher lows on the daily chart, with entry set for the start of the second week. The block confirms the gradual entry of the new Brazilian geographic perimeter into the book: defensive- and financial-quality names, consistent with the week's theme, but to be read with the caution of medium-conviction signals.

The positions in progress in the rest of the world are six, all Brazilian, and the top blends high strength with volatility to be governed. Gafisa (strength 87) opens week 2 in first place, driven by one of the highest strengths in the category: a financial sector in a strength phase behind it, but a wide, volatile technical picture, with the confirmation week closing higher as an encouraging first read. Next is Qualicorp (strength 86), in week 1, a wide move to manage with discipline, supported by a healthcare sector in strength and a confirmation week already positive. Further down, three medium-conviction profiles: Itau Unibanco (strength 55), first week closed higher with confirmation pointing to holding unchanged, and a daily bounce off the 20-day average; Lojas Renner (strength 47), week 3 now at -3.77%, where the model would suggest exiting but the tighter dynamic stop lets the trade continue; and Ambev (strength 42), week 8 roughly at break-even with the first reference hit but the picture losing shine. A young block, to be managed name by name.

The rest-of-the-world sell signals in active state number 22, and the strength ranking mostly tells of declines losing steam. Braskem (strength 84.9) stays in first place in week 5: after two weeks of heavy decline the latest one nearly stalled, but short-term indicators remain negative and the quality band flags trading as not recommended. Below it, the exhaustion theme grows clearer: Banco do Brasil (strength 80.3), week 17 at +16.09%, sheds 1.8% but sees MACD and capital flow improve and five higher lows on the daily chart; Even Construtora (strength 80.1), week 18, closes down 1.6% with the MACD histogram contracting, momentum drifting toward zero and a double bottom in the 5.3 area; Oi (strength 77.5), week 18, gives up 4.8% — the mildest drop of the last four readings — with a double bottom in the 0.82 area and the trade at +40.3%; and PDG Realty (strength 77.5), week 9 at -4.3% but with selling flow thinning. These are mature positions to watch week by week, best left un-opened for now.