Midday review
Neutral
Futures rebound led by tech; no new idea, US 500 short holds
At 10:52 UTC the futures are rebounding after Friday's sell-off, led by technology. Applying each contract's change since Friday's 20:00 UTC print to the cash close, US Tech 100 is estimated at 29583 (+1.36%), US 500 at 7713.7 (+0.71%) and US 30 at 52066 (+0.12%). MA20 and ATR14 are computed on cash daily bars only, live bar excluded; basis moved less than 0.25 points a day, so no contract roll. US 500 sits 0.37 ATR below its MA20 (7739.2): inside the noise band, threshold 0.50. US Tech 100 is still 2.27 ATR below its MA20: a short now would be a late entry. US 30 is 1.03 ATR above its MA20 and in band for a long, but our US 500 short is open in the same risk factor, and a Dow long would simply offset it; with invalidation at Friday's low 51848 an intraday target at 1.5R would also land on Friday's high 52582. VIX at 18.6, no major US data today. The US 500 short (entry 7693.5, stop 7773.33) stays open, about -0.25R on the estimate; stops are judged on cash-session bars. Single stocks are reviewed in the evening slot.
Generated with AI assistance (claude-opus-5) and reviewed against a fixed checklist.