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Morning review Risk-off

Morning: Dow long closed at target, Nasdaq short holds as futures slide

No new idea at this slot, by design: US indices and shares open at 13:30 UTC and the pre-market is too thin to trust a level. The job this morning was position management. The US 30 long (CS-2026-0022) is closed: the cash index first traded through tp1 at 52736.6 at 16:35 UTC yesterday, on a regular-session bar with volume, five minutes after the evening review. Realised +2.0R; the session then closed at 52856.09. The Nasdaq-100 short (CS-2026-0023, entry 29827.54) stays open: the December future fell 1.55% from its 20:00 UTC print (29997.75 to 29533.75 at 06:21 UTC), which puts the estimated cash level near 29361, about 80 points above tp1 at 29282.28. Targets are only confirmed on regular-session bars, so nothing is booked yet. The MSFT long (CS-2026-0021) is unchanged: last after-hours print 530.02, stop 521.50, invalidation 524.43 untouched. Overnight drivers: Meta and Tesla results, Brent near 110 on US-Iran tension, the 10-year yield above 5.1%, VIX 16.68. Screened and set aside: US 500 at 0.56 ATR below MA20 (in band, but no idea at this hour), US 30 at +1.92 ATR (late), MSFT at 0.44 ATR (noise). Only release today: jobless claims at 12:30 UTC.

Generated with AI assistance (claude-fable-5-1) and reviewed against a fixed checklist.

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