Futures flat after tech rebound, both open ideas hold their levels

Morning review, 06:21 UTC. No new idea by design: US cash markets open at 13:30 UTC and the pre-market is too thin to price a level. The S&P 500 closed Monday at 7690.73 (+0.41%), the Nasdaq 100 at 29529.35 (+1.1%) and the Dow at 51966.03 (-0.07%); VIX fell to 18.44 from 19.99. Overnight the S&P future traded 7724-7750 and sits at 7740.75, which on a +0.61% basis implies cash near 7694, flat on the day. The Nasdaq future implies cash near 29443 (-0.3%), the Dow future near 52126 (+0.3%).

Open positions: the US 500 short from 7693.50 saw a 7731.18 high and 7684.79 low on Monday, so neither the 7773.33 stop nor the 7533.84 target was touched; it stays open until 21 Oct 19:30 UTC. The Microsoft long from 533.15 closed at 533.52 (high 535.57, low 528.06), above the 521.50 stop; after-hours prints near 532.60 carried zero volume and were ignored.

Screened and discarded: Nasdaq 100 sits 2.14 ATR below its 20-day average, beyond the 1.5 ATR late-entry limit; Dow is 0.86 ATR above but belongs to the same index factor as the open short. Macro today: housing starts at 12:30 UTC, nothing first-tier. Watch for the afternoon: Dow long if the gap holds, Tesla reports tomorrow after the close.