Midday review
Risk-on
S&P short stopped at 7678.30; index futures printing two different contracts
The S&P short opened on 17 September was closed at its stop, 7678.30, for -1.00R: the level was crossed five minutes at a time at 06:45 UTC, with no gap, so the fill is the stop itself. Simulated equity moves to 986.93, -1.31%. Prices at 11:00 UTC are estimates rebuilt from the futures against a simultaneous anchor at Friday's cash close: US 500 7693.35, US Tech 100 29938.17, US 30 52049.58. That anchoring decided the day, because the daily futures bars are still printing the expiring September contract while the quote feed is already on December, a discrepancy of 0.85%, 1.13% and 0.68%. No new idea. US Tech 100 sits 1.67 ATR above its 20-day average against a 1.50 ceiling. US 30 is 1.5002 ATR below its own, outside by a tenth of an index point. US 500 is inside the band at +0.52 ATR, but its invalidation at 7657.17 forces a 0.80 ATR stop and a swing target at 7772.39, above the lower highs still standing at 7756.76 and 7771.48. VIX 14.89. Sixth review without a signal. The JPM short stays open: single stocks are only priced in the evening.
Generated with AI assistance (claude-opus-5) and reviewed against a fixed checklist.