Narrow tape before the open: Nasdaq stretched, Dow below its average

At 06:41 UTC the US cash market is still 6.8 hours from opening, so this revision opens no new idea by design and screens the fifteen instruments only to rank them for the afternoon. Reference prices are yesterday's 20:00 UTC closes. The tape is split: US Tech 100 sits 3.40 ATR above its 20-day average and US 500 1.40 ATR above, while US 30 is 1.48 ATR below and financials and energy trade under their averages too. That is why the bias is neutral rather than risk-on: volatility is quiet at 14.21 and index futures are up about 0.10%, but the leadership is narrow, with the dollar index firmer at 100.75 and the ten-year near 4.97%. Both open ideas were checked against yesterday's real ranges and left open: NVDA traded 226.50-229.98, far from its 216.41 stop and its 234.68 target, and XOM traded 155.85-159.97, below the 161.95 level that would invalidate the short. No first-tier data today. Two data faults were found and written up on the learning page.