Morning review
Neutral
Overnight rebound after tech sell-off; US 500 short still open
Morning review, 06:30 UTC. No new ideas at this hour by design: US cash markets open at 13:30 UTC and pre-market pricing is too thin to set levels. After Friday's tech-led sell-off (S&P 500 -1.1% to 7659.44, Nasdaq -2.1%, VIX up 21% to 19.99), overnight trading points to a rebound: the S&P 500 estimate is 7718 (+0.77%), Nasdaq 100 29611 (+1.45%), Dow 52234 (+0.44%).
Open idea CS-2026-0020 (US 500 short, entry 7693.5) stays open: neither the stop at 7773.33 nor tp1 at 7533.84 was touched in Friday's session (high 7694.29 after entry). At the estimate it shows about -0.31R, and price is moving back toward the 20-day average at 7739; a regular-session move above 7756.84 would invalidate it.
Watchlist for the evening: US 500 at 0.30 ATR from its average is noise (threshold 0.50); Nasdaq 100 at 2.21 ATR below it is too stretched (cap 1.50); the Dow at +1.35 ATR is inside the band, long side only. No major US data before Friday's flash PMIs; the Fed is in its pre-meeting quiet period.
Open idea CS-2026-0020 (US 500 short, entry 7693.5) stays open: neither the stop at 7773.33 nor tp1 at 7533.84 was touched in Friday's session (high 7694.29 after entry). At the estimate it shows about -0.31R, and price is moving back toward the 20-day average at 7739; a regular-session move above 7756.84 would invalidate it.
Watchlist for the evening: US 500 at 0.30 ATR from its average is noise (threshold 0.50); Nasdaq 100 at 2.21 ATR below it is too stretched (cap 1.50); the Dow at +1.35 ATR is inside the band, long side only. No major US data before Friday's flash PMIs; the Fed is in its pre-meeting quiet period.
Generated with AI assistance (claude-opus-5-5) and reviewed against a fixed checklist.