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NEW DAILY SCHEDULE First, watch the pre-open Tour recording HERE <<== Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close... Friday's 2370.50 gap up immediately retraced 61.8{faed0d6dca04cec8b6b7985efddb9b0651107a3aebb05f69f0166038b8c951f6} of Thursday afternoon's pullback. Extending higher through the afternoon bias environment exit touched 2388.00, when a a headline triggered a dip to 2378.00. Although was in-line with the bearish WedEX, it may have been more influential in preventing the close from recovering the 2383.50-2384.00 noon hour entry. "Unfinished business above" at 2389.50 was left outstanding. Overnight action's new info... Overnight action doesn't lack volatility, but its range relatively has been relatively narrow, and contained. Quickly firming up to 2384.00 quickly turned sideways. Ranging narrowed and dips became shallower as 2384.00 continued holding as resistance, being probed up to 2385.25. Europe's opens triggered a drop back down toward Friday's late 2378.00 low, only to bounce back up to 2384.00. If, then... Friday's late drop hasn't been disproved. If it were only a reaction to news, then it is vulnerable to being recovered almost immediately Sunday night. But this near the open and still holding 2383.50-2384.00 suggests the news only coincided with the bearish WedEX influence. There's too much ground to cover for that influence to be obvious soon after the open, and yet also test Friday's unfinished business above at 2389.50. One is likely to be avoided, or at risk of it. First Trade... [Click here to view the Bias parameters] Exiting the open at 9:45 above 2387.25 would be likely to trigger the 2386.50 bias-up signal at 10:15. Exiting the open under 2383.50 would be unlikely to trigger bias-up. Phonetic dictation... good morning and welcome it is Monday cyber Monday's Morning Market or not a lot going on but that his usual that's what's going on because Friday afternoons and drop which imported with the bare Esthetics influence but finally comported with it because prices have been rising and had risen out above the new during the bear sweater collapsed and didn't recover the new towers entry and so that was in line the thing is the Catalyst was a headline so reason to be a little suspicious but maybe that reasons a little diminished now because overnight action Sunday nights open alone didn't immediately recover that late break which if that had been a week and it dropped alone instead of being influenced by an organic Factor like the bare Esthetics then that should have been recovered in tirely now there are other influences along the way so that develop over the weekend that might also be suppressing price what price would have or should have recovered 8350 84 where the afternoon to buy some vitamins or new tower begin its not what I meant was that it hasn't so still though if the Bears when I was going to be influencing this morning's price action than it should be influencing it no later than 945 The Open is allowed to get some bounce out of the way that fails looks like we're going to be opening not far from flat and not close to or not that far away from them from Friday's High Fridays alaihis of its retest there as possible we're just so close to the open and it's still not happening so it's less and less likely and by the same token it's still far enough away that its rejection is more difficult as well having said that though you have some really ever does get in the way this late this close to the open after the entire overnight has been spent training sideways then there's actually a less less or lower possibility of trending up through it so regardless of trending down once we get out of the open if there's a leak glow back so late pre-open rally it'll still be suspicious got to get out of Friday's late High Friday night before suggesting that were rallying this morning and that's to the open not at least try to buy a alright markets so we got strength there's the Aussie Thursday night Friday probably in a little bit higher this morning pound still in this space that is consolidating basically we're not even dating anymore but I just waiting above or at the prize that got blindsided on Thursday and pop right back up on Friday Thursday night actually the Looney which is continuing to advance and resuming that continue continued advancement of that inverted Head and Shoulders set up and then you which had some comments Merkel Germany blamed its low valuation on their own lives and so that said that it is silver and gold both higher now silver buy biking up basically destroy potential Island that was in fact the reversal but I know one day basis doesn't really do any do any good but spiking up to 1717 basically attacking 17 or testing 1709 & 1709 is recovered through the clothes that's going to spell it completely different pattern then the one that is still targeting 1595 it would be a bottom but that Line in the Sand is closing above 1709 second cuz I required to but I'd be suspicious that it doesn't happen but not as strongly right up to the same what happens support 1256 Thursdays or Wednesdays actually test of 12 only couple days because .

WedEX missing from open's surge. Pre-open firming greeted the open at  the 2385.25 overnight high. The open then surged, quickly retracing back up to Friday's 2388.00 high. Its retest was likely at some point, and this was early enough for the bearish WedEX influence to re-emerge during the opening 15 minutes. It didn't. Extending higher soon fulfilled Friday afternoon's 2389.50 bias-up target that had become unfinished business. And it was probed by 5 ticks. This morning's 2392.00 bias-up target is another 5 ticks higher. 1-minute RSI diverged negatively at the high's retest. Persistently overbought 3-minute RSI had left overbought territory. But exploiting any bearish potential all but requires breaking back under the 2386.50 bias-up signal by 10:30, reacting down suddenly like Friday afternoon. That would be late, but it would be vulnerable to the bearish WedEX influence into the noon hour. Otherwise, the rally's next higher objective would be 2397.00.

MON afternoon signal (triggered at 1:20 ET) SPX ES Bias-up: above  2393.00 2391.50 ...would target  2397.75 2396.50 Bias-down: under  2386.75  2385.50 ...would target 2381.50  2380.00 Signal status: noN-BIAS, TESTED BIAS-UP SIGNAL FAQ INTRO VIDEOS #1 and #2 1. At 1:20, trading above the bias-up signal or under the bias-down signal would put into play a test of its bias-up or bias-down target. 2. Not triggering either bias signal at 1:20 would be "no-bias," and the bias signals should define the bias environment's range. -- A test of the opposite bias signal would be targeted if one bias signal was tested before triggering no-bias. 3. Touching the bias signal within 3 minutes either way of 1:20 would invoke a grace period through 1:30 to trigger a late signal. -- "Late" signals don't require testing the opposite bias signal, but it's still likely. 4. Still testing the bias signal at 1:30 after invoking the grace period would trigger "noN-bias," with no bias influence.

Don't. Look. Down. Double-topping this morning at 2391.75 didn't prevent triggering the 2386.50 bias-up signal, or putting into play its 2392.00 bias-up target. But it did allow a pullback to test the overnight range down to 2385.00. Firming into the bias environment exit extended into the noon hour, probing 2392.00 by 5 ticks. The balance of the noon hour ranged narrowly back down to this afternoon's 2391.50 bias-up signal. Bias-up didn't trigger, nor was it rejected. This is a noN-bias environment. Trending either way is possible, but not common. Regardless, trending isn't signaled. This is an uncomfortable window not to have an objective in-play.  Somewhat like Bugs Bunny's nemesis Wile E. Coyote being led speedily off the edge of a cliff. His lateral momentum briefly suspends him in mid-air, before gravity takes over. The moment in between resembles this afternoon's bias environment. Back under 2389.50 would start to signal momentum reversing down. If confirmed and extended, 2381.00 and 2375.00 could be tested. Meanwhile, any bullish resolution won't be signaled from under the 2393.25 high.

Gapping up Monday to 2385.00 didn't delay extending through Friday's 2388.00 high. That was before the morning bias environment began. Extending much higher was delayed until the bias environment began lapsing. But it was worth the wait for a relatively quick move to 2393.25. Then, another delay. But also worth the wait? Much of the noon hour, the entire afternoon bias environment, and also the proxy window, all ranged narrowly. The position-squaring window finally launched a break higher. But that break was less than 2 points up to 2394.25. And it spent the proxy window only fluctuating around the noon hour's high. Reacting back down to 2391.00 began too late to be serious, and was retraced back up to 2393.00. Probing higher overnight has room up to the 2397.00 area before suggesting the rally will resume Tuesday. Otherwise, that Wile E. Coyote moment keeps the door open to greeting the open with a collapse. Details and other markets coverage are discussed in the post-market Wrap recording here.

Monitor overnight Globex trading in the chaRTroom here.

TUE morning signal (triggered at 10:15 ET) SPX ES Bias-up: above  2396.50 2395.25 ...would target  2402.25 2401.00 Bias-down: under  2390.00  2388.75 ...would target  2384.75  2383.50 Signal status: NO-BIAS, TESTED BIAS-UP SIGNAL FAQ INTRO VIDEOS #1 and #2 1. At 10:15, trading above the bias-up signal or under the bias-down signal would put into play a test of its bias-up or bias-down target. 2. Not triggering either bias signal at 10:15 would be "no-bias," and the bias signals should define the bias environment's range. -- A test of the opposite bias signal would be targeted if one bias signal was tested before triggering no-bias. 3. Touching the bias signal within 3 minutes either way of 10:15 would invoke a grace period through 10:30 to trigger a late signal. -- "Late" signals don't require testing the opposite bias signal, but it's still likely. 4. Still testing the bias signal at 10:30 after invoking the grace period would trigger "noN-bias," with no bias influence.