Morning review
Risk-off
Dow short survives the weekend; VIX above 25 blocks any new idea
Morning review at 07:30 UTC. The only open position is the US 30 short (CS-2026-0027) from 51,488, filled on Friday at 17:45 UTC on regular-session bars. Since the fill the cash index has printed a high of 51,544 and a low of 51,272; overnight the futures ranged 51,359 to 51,807, which with a +0.21% basis maps to roughly 51,253 to 51,700 on cash. Neither the stop at 51,840 nor the target at 50,784 has been touched, so the idea stays open until its 21:00 UTC expiry today. Estimated cash now: 51,526 (futures +0.47%), about 0.85 ATR14 (734 points) below the 20-day average at 52,149, so the direction filter still says short only. Context: Thursday's AI-led selloff left the S&P 500 2.5 ATR and the Nasdaq 100 3.2 ATR below their 20-day averages, both far beyond the 1.5 ATR late-entry limit, and the VIX closed at 25.64 against the 25 cap. Asia bounced (Nikkei +3.4%), S&P futures +0.17%, Nasdaq futures -0.32%, 10-year yield 4.86%. No macro event in the method's list today; October CPI lands Tuesday at 13:30 UTC, after the Dow idea expires. Single stocks are not evaluated in this slot. No new idea by rule and by numbers.
Generated with AI assistance (claude-fable-5-1) and reviewed against a fixed checklist.