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

DAILY SCHEDULE Watch the pre-open Tour recording* HERE <<== *Manually open Adobe Connect (install on Windows or Mac), then paste the recording's link there. chaRTroom** is now open... Pre-open update is at 9:15 ET **This is NOT the direct chaRTroom link

Through the prior close... (summary of last Market Wrap) The pullback day proscribed by Tuesday's Gap-and-pause setup was fulfilled, albeit to the least possible degree. There was plenty of selling, especially from Tuesday night's initial surge to fresh recovery highs at 3655.00. It was reversed relentlessly to trigger a bearish Globex-flip setup, extending the decline to Wednesday morning's 3615.25 low. The morning's 3612.75 bias-down target wasn't met while the window ranged sideways up to 3625.50. The afternoon's bounce up to 3632.00 was retraced back into the morning window under its 3625.50 high. Overnight action's new info... (nearby chart is last intraday session and Globex) Wednesday afternoon's firming had extended initially to attack 3639.00 into Europe's Thursday opens. Reversing back down through Thursday's Globex session eventually probed 2-3 points under Wednesday's low to attack 3613.00. Its eventual retest last night was reversed up to attack Wednesday's night's high to within 1 point. If, then... (notes to accompany the Tour recording) Putting aside Wednesday's bearish Isolation setup, Tuesday's Gap-and-pause setup is now free to rally again. A second pullback day wouldn't be unusual, or a hybrid that is weaker this morning before recovering this afternoon. An afternoon recovery might be a little difficult with this timing, seeing as to how markets will have closed by then. The bottom line is that gaining traction through the open would be credible for extending up through the 1:15 ET early close, and otherwise noise alone could easily retest overnight lows. It's never time well spent overthinking thinly traded sessions. Opening sentiment is a wild card, and we'll assess it from there.. Afternoon bias parameters are not published, and there is no Saturday Review. First Trade... (9:45 preliminary indications for the 10:15 Bias parameters)

Preliminary indications are ending as we migrate to the new format that addresses this differently.

Gap up maintained, trying to extend. Last night's rally extended to 3642.00, greeting the open above not only Wednesday's 3632.00 intraday highs, but also above its 3638.50 overnight highs. Reacting down post-open to 3635.75 has recovered to start chipping away at 3642.00 by several ticks. Meanwhile, the 3636.25 bias-up signal has been serving as support. Now its 3648.25 bias-up target is in-play. Getting through 3643.00-3644.00 should all but ensure extending higher, whether aggressively or just drifting. Fresh post-open lows could test 3633.00 before threatening to reverse the trend back down for the delay. Either way, be careful betting against trending underway, or on trending not yet signaled. REMINDER: No afternoon bias parameters, and Market Wrap will be held at 12:55 ET before the early close.

A thinly-traded abbreviated session has too few relevant inputs to offer any reliably predictive output. Tuesday's Gap-and-pause sequence was fulfilled by spending all of Friday morning's bias environment at fresh highs up to 3643.00. Noon hour lows filled the gap back to Wednesday's 3627.00 close. Its recovery tested the 3638.75 gap up to within 3 ticks at the early close. The morning's bias-up signal left outstanding its 3648.25 bias-up target. Extending the rally coming out of the weekend would likely target 3663.00. There is no bullish reason to revisit Friday's lows, at least not for any duration, which would set a negative tone that could trend back down for 2-3 days. See details and other markets coverage in the post-market Wrap recording* here. *Manually open Adobe Connect (install on Windows or Mac), then paste the recording's link there. NO SATURDAY REVIEW IS HELD DURING HOLIDAY WEEKENDS.

MON A.M. BIAS

At 10:15 the A.M. BIAS is BIAS-UP: above 3643.25 signal would target 3653.50. BIAS-DOWN: under 3631.75 signal would target 3624.50. NO-BIAS: between both signals. MON morning signal (triggered at 10:15 ET) SPX ES Bias-up: above 3645.50 3643.25 ...would target 3655.75 3653.50 Bias-down: under 3634.00 3631.75 ...would target 3626.75 3624.50 Signal status: BIAS-DOWN, BIAS-DOWN TARGET EXCEEDED . BIAS VIDEOS... INTRO // EXAMPLE