Calm futures after Monday's rebound; CPI at 13:30 UTC blocks the morning

Morning review at 07:35 UTC. No open positions and no post-mortems outstanding after yesterday's US 30 short was stopped at -1R. This slot opens nothing by design: US cash markets open at 13:30 UTC and pre-market spreads distort every level. On top of that, October CPI lands at 13:30 UTC (consensus +0.3% headline, +0.2% core, no annual print because of last year's shutdown), so the macro blackout runs 09:30-14:00 UTC and swallows the midday review too. Futures are quiet after Monday's rebound: S&P e-mini 7,587 (+0.17%), Nasdaq 100 e-mini 27,958 (-0.20%), Dow e-mini 52,742 (+0.46%). The VIX closed at 19.92, down 22% from 25.64. On cash daily bars, today excluded: US 500 estimated 7,563 against MA20 7,645 with ATR14 115 points, 0.72 ATR below the average, inside the band and short-only by trend rule. US Tech 100 estimated 27,851 against MA20 28,953, ATR14 717, 1.54 ATR below: a late entry, discarded. US 30 estimated 52,633 against MA20 52,176, ATR14 771, 0.59 ATR above: the only index back above its average after a 1,104-point rally, a divergence worth watching. Evening watchlist: US 500 short if CPI does not reverse the trend, or US 30 long on the industrial divergence. Never both: same risk factor.