Pre-Open Market Bias - 7:45 AM

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Recap/Indication: Thu's pre-open CPI headline reaction spiked up 100 points from 3766 and extended to the first two headline extension's targets by noon. The bias window exit resumed rallying through the next target to 3965..
Overnight summary: Flat-to-lower to 3957 was already resolving up into midnight, becoming aggressive on the way to 3991 and 3997 through Europe's opens. Backing-and-filling since then to 3973 is testing the Globex opening range's upper-end.
Influences/Catalysts: Post-open Consumer Sentiment, Gov bond market closed, Veteran's Day, shock-to-the-system of Paradigm shift in market direction, FTX drama, solidifying hopes of Fed "slowing" to 50bp hikes.

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Setups/Patterns:
- Headline reaction's next extended target at 3979 was probed overnight by 20 points and now trying to hold as support...
- Paradigm shift, abruptly reversing Wed's session-long downtrend with Thu's session-long uptrend in the opposite direction will often reverse or at least back-and-fill today...
- Bias-up would be credible for extending anyway, tending to extend through the noon hour on Friday Factors influence...
- Bearish Globex-flip could come into view if the open were greeted at/under 3965.
Traction/Isolation: Extending Fri instead of at least correcting could be exacerbated by Friday Factors, but that was probably already a function of Thu's outsized rally.
Objectives/Limits: UP: 3979, 4012, 4048... DOWN: 3933, 3877-3880, 3835.
Alternative: Be aware of Friday Factors' ongoing intraday influence, derived from the impending weekend illiquidity.
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Market Opening Thoughts - 10:53 AM

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Recap/Indication: Opening back within Globex's 3965-3975 first hour range extended down immediately to 3951. Then bounced back to the range's upper-end and struggled to recover higher. Ultimately triggering the 3969 bias-up signal has fulfilled its 3988 target to 3991. 
Influences/Catalysts: Navigating Consumer Sentiment and headlines FTX bankruptcy undermined an easier resolution of the open's range.

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Setups/Patterns (Bias/Labels): BIAS-UP.
Traction/Isolation: Globex-flip and Opening Thrust setups that depended on the first 15 minutes behavior never finished forming (Globex-flip bone-crushingly failed at the last possible minute), so neither was rejected nor triggered, undermining trending.
Alternative: Extending could ignore resistance at overnight highs.

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Triggers/Tactics: Pullback entry just caught a long-entry at uptrending support off the open's lows that coincides with Globex's first hour high, having potential to probe the already met bias-up target to retest overnight highs, perhaps higher as Friday Factors tend to make the morning's bias persist through the noon hour. .
Objectives/Limits: UP: 3979, 4012, 4048... DOWN: 3933, 3877-3880, 3835.
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Tonight's Day Trading Strategy - 11:59 AM

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FRI P.M. BIAS 

STRATEGY: A 60-90 minute bias will trigger at 1:20 ET if:
BIAS-UP will trigger above 3979, targeting 3997.
BIAS-DOWN will trigger under 3953, targeting 3939.
NO-BIAS if still between both signals.


Day Trading Mid-Day Thoughts - 2:11 PM

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Recap/Indication: Recovering multiple probes under Globex's first-hour low was extended to fulfill the morning's bias-up target up to 3991. Reacting down to 3956 was rescued by Friday Factors tendency for the morning bias to persist through the noon hour. Now this afternoon's bias-up target is being met while probing overnight highs up to 4002.
Influences/Catalysts: Organic.

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Setups/Patterns: BIAS-UP, Friday Factors, Fri PM Drift.
Traction/Isolation: Now forming Fri PM Drift. Exiting the bias window above the noon hour can drift higher into the close.
Alternative: RSIs are diverging negatively, and entering the noon hour back in noon hour's range under 3982 and lower could unwind lower quickly.

DO IT [styles]
Triggers/Tactics: Anticipating higher drift to 4012, or else sharply lower if begun soon
Objectives/Limits: UP: 3979, 4012, 4048... DOWN: 3933, 3877-3880, 3835.
CURRENTLY UPDATED CHART:
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Market Summary - 4:32 PM

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SUMMARY - characterize the session:
Fri's opening probes under Globex’s first-hour low down to 3951 repeatedly recovered, avoiding a bearish Globex-flip. Fulfilling the morning's bias-up target up to 3991 reacted down again to 3956, rescued by Fri's bias-up tending to persist through the noon hour. Fulfilling the afternoon's 3997 bias-up target extended to 4010 on a bullish Fri PM Drift.

NO SATURDAY REVIEW, SO
WRAP WAS EXTENDED TO
REVIEW THE BIGGER PICTURE.

Setups in-play: Thu's confirmed paradigm shift now expects an eventual probe higher.
Setups resolved: none.
Trending/ranging: Two consecutive trending sessions beyond the prior range.
Influences/catalysts: SessionColor.
Objectives/limits: UP: 4048, 4066… DOWN: 3933, 3877-3880, 3835.
Scheduled/Monitoring: Nothing high-profile on Monday.
CURRENTLY UPDATED CHART:
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Tomorrow's Day Trading Strategy - 4:56 PM

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MON A.M. BIAS 

STRATEGY: A 60-90 minute bias will trigger at 10:15 ET if:
BIAS-UP will trigger above 4012, targeting 4025.
BIAS-DOWN will trigger under 3984, targeting 3966.
NO-BIAS if still between both signals.