Relief bounce after Thursday's crash: indices too far from the mean, no idea

Futures are bouncing after Thursday's rout (S&P 500 -4.4%, Nasdaq 100 -5.2%, Dow -3.4%) and Friday's uneven session. At 12:00 UTC the December contracts point to an S&P 500 cash estimate of 7,421 (+0.6%), Nasdaq 100 at 27,117 (+0.5%) and Dow at 51,745 (+0.9%). The VIX has dropped 8.6% to 23.4, back below the 25 threshold that blocked this morning's review, and WTI is down almost 3%. The US CPI for October lands tomorrow at 13:30 UTC. We screened the three indices only: single stocks are not assessable at midday because pre-market prices are too thin. US 500 sits 2.23 ATR14 below its 20-day mean (7,658, ATR 106 points) and US Tech 100 2.91 ATR below (mean 29,091, ATR 679): both are late entries under the 1.5 ATR cap. US 30 is inside the band at 0.55 ATR below the mean (52,149), but the invalidation above Friday's high (51,662 plus margin, 51,846) is only 0.14 ATR away, below the 0.35 minimum, and anchoring the stop to the mean would force a swing that crosses the CPI. No new idea. The open Dow short CS-2026-0027 touched neither stop (51,840) nor target on Friday's regular session and expires tonight at 21:00 UTC.