Proper context can start the day with a solid win and make all the difference.

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... Rosh Hashanah holiday worship had its usual impact on market volume Monday, inhibiting both trending and volatility. An overnight bounce touched 2886.75, neutralizing its attraction above. A post-open blip-up to 2888.25 held the retest, as well as both bias-up parameters. Offsetting tests of both bias-down parameters was put into play at 2871.00 and 2864.75. Reversing down through the noon hour got to only 2876.50, before ranging sideways around 2777.00-2780.00 through the close. Overnight action's new info... Firming steadily recovered up to 2885.00 by midnight. Hovering there into Europe's opens gradually weakened, and then slipped to 2780.50. A 45-minute Flag collapsed 10 points to attack 2871.00 before 1-minute RSI finally diverged positively. A bounce up to 2876.00 is still consolidating. If, then... (notes to accompany the Tour recording) No traction was gained yesterday, so trending beyond its range this morning all but requires gapping open, which is currently indicated. Recovering to open within yesterday's range that tries trending beyond it would be likely to fail. Meanwhile, having neutralized the 2871.00 "unfinished business" put into play yesterday morning -- it's also this morning's bias-down target -- opening under yesterday's range would be likely also to test 2864.75 today, and be vulnerable to new pullback lows targeting 2857.00. Upside attractions at 2892.25 and 2895.50 can't be considered until at least rallying back into yesterday's range. First Trade... [Click here to view the Bias parameters] Exiting the open at 9:45 above 2879.50 would be unlikely to trigger the 2877.00 bias-down signal at 10:15. Exiting the open under 2875.75 would be likely to trigger bias-down.

Gap down holds support, recovers resistance. The open was greeted at this morning's 2871.00 bias-down target. The first several minutes collapsed 4 points to attack 2867.00, which was retraced entirely several minutes later. Recovering continued up to and through this morning's 2877.00 bias-down signal. Rejecting tests of both bias-down parameters through 10:15 has now put into play offsetting tests of both bias-up parameters -- 2884.50 and 2890.75. It's the third consecutive opening rejection of both bias parameters, which is very very.

Rejecting both bias parameters, again, reflects the widely disparate opinions and their sponsorship's willingness to defend them. Another detour wouldn't be surprising. Not even this morning when probing back under the 2877.00 bias-down signal during the no-bias window would be "no-bias trending" that requires being retraced.

A deeper pullback would target 2871.7-2873.00. Back above 2881.00 would signal the rally is resuming into positive territory. Calling a short-squeeze may be premature, but the pattern would be vulnerable to it.

TUE afternoon signal (triggered at 1:20 ET) SPX ES Bias-up: above 2890.50 2891.25 ...would target 2894.75 2895.50 Bias-down: under 2883.50 2884.25 ...would target 2877.00 2877.75 Signal status: NO-BIAS, TESTED BIAS-UP SIGNAL . NEW: BIAS VIDEOS... INTRO // EXAMPLE 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.

After initially bouncing overnight up to 2884.50 resistance, China tariff headlines triggered a slide to 2867.25 through Tuesday's open. The artificial catalyst was quickly reversed, recovering tests of both bias-down parameters. Offsetting tests of both bias-up parameters were soon fulfilled -- the 2884.50 bias-up signal was met coming out of the bias window, and a surge into the noon hour met the 2890.75 bias-up target.

The morning's bias-up target and the afternoon's 2891.25 bias-up signal, being resistance, held the upper-end of a consolidation down to 2887.50 through the close. No unfinished business was left outstanding.

No traction was gained, so immediately resuming Tuesday's rally Wednesday would require gapping up. That's also required for immediately extending Tuesday's outside day. Next higher upside objectives begin at 2895.50. Whether overnight or post-open, pullbacks have room to "lower prior highs" at 2882.00-2883.00. Back under 2879.75 through any relevant window could extend the 2-week old pullback to fresh lows. Details and other markets coverage are discussed in the post-market Wrap recording here. Monitor overnight Globex trading in the chaRTroom here.

WED morning signal (triggered at 10:15 ET) SPX ES Bias-up: above 2893.50 2894.00 ...would target 2898.75 2899.25 Bias-down: under 2884.00 2884.50 ...would target 2878.50 2879.00 Signal status: LATE BIAS-DOWN . NEW: BIAS VIDEOS... INTRO // EXAMPLE 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.