Tech gap-down half retraced before PCE and GDP, no midday idea

Midday check at 11:01 UTC, prices estimated from the December futures applied to yesterday's cash closes (basis 0.46-0.60%, no rollover step). US 500 estimated 7728.6 against a 7734.3 MA20: 0.08 ATR14 (70.9 points) from the mean, pure noise, blocked. US Tech 100 estimated 29549 after Alphabet's miss and a hawkish Fed hold with two dissents for a hike: 1.14 ATR14 (492 points) below a falling 30109 MA20, so only a short would be allowed. Discarded on structure: the invalidation, a return inside yesterday's range above 29618, sits just 0.14 ATR above the estimate, the futures have already retraced half the overnight drop (29482 to 29725), and September PCE plus Q3 GDP land at 12:30 UTC, between this reference price and the first possible fill at 13:30. US 30 estimated 52401, 1.00 ATR14 (507 points) above its MA20, long only: but the 10:30 UTC bar swung 463 points on Caterpillar's results on ten times normal volume, and the estimate is 0.13 ATR from yesterday's low at 52335, so price and invalidation overlap. VIX 16.99, flat. Single stocks are not assessed at this slot by design. Nine reviews without an idea; the morning slots cannot produce by construction. Evening review will reassess after the data.