Quiet futures, JPM short still open, Nasdaq near the late-entry line

At 06:37 UTC US futures are slightly lower overnight: S&P future -0.13%, Nasdaq -0.21%, Dow -0.12% since the cash close. Applied to the cash closes, that gives estimates of 7674, 30212 and 51421. The morning review does not open new ideas, because US markets open at 13:30 UTC and pre-market liquidity is thin. It is used to manage open positions and build the watchlist. The JPM short (CS-2026-0009, entry 342.54, stop 347.11, target 333.40) stays open. Yesterday it closed at 336.59 without touching either level, and it expires at 19:45 UTC today. The post-mortem on yesterday's Dow short shows its limit was filled at 17:10 UTC and the idea would have closed near +0.56R. The record shows 0R because it was logged as unfilled. We report this rather than let it pass. Watchlist for the evening: Nasdaq 100 at +1.35 ATR from its 20-day average, close to the 1.50 late-entry cap. NVDA +1.26, AAPL and LLY +1.19. Excluded: S&P 500 (0.04 ATR, noise) and XOM (0.06). Dow, JPM and HD are too stretched (1.67, 1.88 and 2.67 ATR). Today brings JOLTS and consumer confidence at 14:00 UTC. ISM manufacturing is on Thursday. VIX is at 16.1.