Expert Pre-Open Trading Strategy - 7:42 AM

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VISUALIZE [snapshot]
Recap/Indication: Fri's NFP reaction swings held 3790-3805 and ultimately collapsed down to 3715 through the noon hour and bias window. Holding positive territory despite expending so much more selling pressure as the close approached enabled the bullish Fri PM Drift to incite a short-squeeze back up to 3785.
Overnight summary: Gapping down 40 points Sun night immediately snapped back up just enough to range at the 3750 bias-down target's support. Soon extending back to Fri's 3780 close through midnight helped to absorb a dip into Europe's opens. Another recovery leg has extended back to Fri's 3805 high and the 3804 bias-up target resistance, where RSIs are diverging negatively.
Influences/Catalysts: No econ reports, and only late-afternoon Fed speakers scheduled, other than the ongoing earnings onslaught.

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Setups/Patterns: Fri's early isolation of sellers was rewarded by retracing the morning's 3790-3805 highs. Gapping back up to/through it through Mon's open can serve by proxy as if Fri had closed higher.
Traction/Isolation:  No new traction in-play until the open has extended the overnight rally, which hasn't yet diminished downside momentum.
Objectives/limits: UP: 3835, 3880... DOWN: 3690, 3677, 3623.
Alternative: Exiting the open above Fri's highs can extend to next higher objective. The pace would tell us whether that was simply a bigger temporary corrective bounce, or else resuming the recently derailed recovery.


Day Trading Opening Trends - 11:04 AM

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VISUALIZE [snapshot]
Recap/Indication: ThE overnight high's test 3804-3805 resistance had reacted down to both 3792 and 3786 targets defined during the pre-open Planner. Bouncing into the open was quickly reversed down from 3800 to 3771. Bounces held the 3792 bounce limit to trigger no-bias, putting into play an offsetting test of the 3768 bias-down signal. But currently another bounce is retesting 3792.
Influences/Catalysts: No scheduled headlines or older headlines to absorbed an resolve, so now direct path or characteristics of an indirect path can be assumed.

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Setups/Patterns (Bias/Labels): NO-BIAS, TESTED BIAS-UP.
Traction/Isolation: Overnight probe above Fri afternoon high is all but isolated, still cotntained within Fri's earler range.
Alternative: Without yet probing any lower since triggering the bias, a detour up could retest overnight highs.

DO IT [styles]
Triggers/Tactics: Selling strength (e.g. buy signal test) and anticipating a choppy downward bias. Would consider SAR to long if buy signal attracts reinforcements.
Objectives/Limits: UP: 3835, 3880... DOWN: 3690, 3677, 3623.


Tonight's Day Trading Predictions - 11:59 AM

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MON P.M. BIAS 

STRATEGY: A 60-90 minute bias will trigger at 1:20 ET if:
BIAS-UP will trigger above 3798, targeting 3811.
BIAS-DOWN will trigger under 3774, targeting 3758.
NO-BIAS if still between both signals.


Stock Market Mid-Day Update - 1:57 PM

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VISUALIZE [snapshot]
Recap/Indication: The first half-hour's 3800 to 3771 range has only narrowed, bouncing repeatedly back to the range's upper-end.
Influences/Catalysts: Still no headlines, only this weird incident that was quickly followed by a dip.

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Setups/Patterns: NO-BIAS, TESTED BIAS-DOWN .
Traction/Isolation: Neither.
Alternative: Somewhat attacking the 3798 bias-up signal now, and no-bias trending that breaks higher prematurely could produce a probe above overnight highs.

DO IT [styles]
Triggers/Tactics: Still selling strength (e.g. buy signal test) and anticipating a choppy downward bias. Trending at the bias window's lapse would be credible for extending.


Market Trends Summary - 4:32 PM

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SUMMARY - characterize the session:
Sun night's gap down to 3738 was recovered back to Fri's 33805 high. Reacting down through Mon's open to 3771 was recovered intraday to 3822. Sponsorship was spotty and unpredictable, leaving unfinished business at the morning's 3768 bias-down signal and at the afternoon's 3798 bias-up signal.

Setups in-play: Mon afternoon's No-Bias Trending was almost invalidated but was still overlapping its bias-up target when the bias window had lapsed. 
Setups resolved: None.
Trending/ranging: Closing above 3800 suggests a bigger detour is underway to 3835 if not also 3880.
Traction/Isolation: Gapping back down Tue under 3790-3795 would reject Mon afternoon's break above it.
Influences/catalysts: Fri's banking holiday typically front-loads bearish sponsorship into Mon-Tue, so at least a position of strength may be forming to help absorb a dip later in the week.
Objectives/limits: UP: 3835, 3880... DOWN: 3793, 3768.
Scheduled/Monitoring: Neither scheduled nor ambush headlines, only ongoing headlines.


Tomorrow's Market Predictions - 4:56 PM

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TUE A.M. BIAS 

STRATEGY: A 60-90 minute bias will trigger at 10:15 ET if:
BIAS-UP will trigger above 3823, targeting 3838.
BIAS-DOWN will trigger under 3802, targeting 3788.
NO-BIAS if still between both signals.