$511.55
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
Duquesne 13F holding · entry card
APPENDIX · LIN · TECHNICAL TRADING SCORECARD
Scores · Trend 76.8
| RS vs S&P (20) + sector (10) | 15.4 + 5.7 = 21.1 / 30 |
| Structure (6 checks) | 25 / 30 |
| Score = (RS + structure) × 100/60 | 76.8 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Up → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 70.9
| RS (S&P 20 + sector 10) | 20.0 + 1.0 / 30 |
| Structure | 25 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 18.6 / 20 |
| Raw | 70.9 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 70.9 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (LIN close needed) |
|---|
| Trend · S&P | 2 Early Up (+) → | +6.29% | +4.25% | Est. Up ≥ 537.52 (+5.1%) · Early Up ≥ 482.60 · Est. Down < 480.03 |
| Trend · XLB | 2 Early Up (−) → | +2.39% | -0.39% | Est. Up ≥ 570.48 (+11.5%) · Early Up ≥ 501.34 · Est. Down < 498.67 |
| Trading · S&P | 1 Established Up (+) → | +2.60% | +3.70% | Est. Up ≥ 501.05 (-2.1%) · Est. Down < 399.63 |
| Trading · XLB | 5 Established Down (+) ↓ | -0.69% | +1.55% | Est. Up ≥ 539.78 (+5.5%) · Early Up ≥ 516.04 · Est. Down < 513.28 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 511.55)
| Band | Range | Distance | Tools in the cluster |
|---|
| R1 | 521.23–522.00 | +1.9% to +2.0% | wk high 05-22 521.23 · wk high 05-01 521.28 · wk high 07-31 522.00 |
| S1 | 495.79–510.65 | -0.2% to -3.1% | wk high 02-27 510.65 · wk low 07-03 506.78 · wk high 03-20 500.34 · 40-wk SMA 495.79 |
| S2 | 482.77–494.50 | -3.3% to -5.6% | wk high 08-28 494.50 · 200-day SMA 493.70 · wk low 05-08 490.40 · wk low 06-05 488.88 · wk high 2024-10-18 487.49 · wk high ’25-08-22 486.38 · wk high ’25-09-12 484.44 · wk low 04-10 482.77 |
| S3 | 466.59–478.72 | -6.4% to -8.8% | wk high ’25-07-04 478.72 · wk high ’25-07-25 476.38 · wk high ’25-06-13 476.00 · wk low 03-27 473.44 · wk low 08-21 473.05 · … +1 more · wk high ’25-04-04 472.01 · wk low 03-13 471.14 · 50% 467.99 · wk low 07-31 466.88 · wk low ’25-09-05 466.59 |
| ATH | 548.20 | +7.2% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 495.79 (-3.1%): trading downgrades one state, re-anchor to S2 482.77–494.50.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 482.77 (-5.6%): trend downgrades one state, re-anchor to S3 466.59–478.72.
- Trend vs S&P: Est. Up ≥ 537.52 (+5.1%) · above its 16-wk avg ≥ 482.60 · Est. Down < 480.03 (-6.2%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 501.05 · Est. Down < 399.63.
Sluymer context
- 2026-09-29 chartbook: “LIN is weak but oversold with early signs of bottoming at the blue band between its 50-62% retracement levels.”
- 2026-10-06 chartbook: “LIN is revisited again this week as it continues to carve out a bottoming pattern at its 50-62% retracement band.”
Notes & caveats
Duquesne Family Office (13F) holding, entry card (treated like the US Watchlist). Holdings: SEC 13F-HR for the quarter ended Tue, Jun 30, 2026, filed Fri, Aug 14, 2026 (SEC EDGAR 13F-HR 0001536411-26-000006 (period 2026-06-30, filed 2026-08-14); https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1536411&type=13F); weight 0.41% of the reported 13F portfolio value (incl. option lines). Benchmarks: S&P 500 (20 pts) and XLB (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
