1. Executive Summary

1. Executive Summary Current Status: S&P 500 futures (ES) opened flat in the Monday Asian session, hovering around 6,950. The market is consolidating gains from last Friday's "Goldilocks" NFP report.

Core Logic: This week marks the beginning of the Q4 Earnings Season (Big Banks on Friday) and the release of CPI data (Thursday). Sentiment is cautiously bullish but likely to remain range-bound pending these catalysts.

Trend Outlook: Neutral Bullish. Bulls are consolidating above 6,950 to build momentum for a breakout toward 7,000.

1. Triangular Analysis Macro: The focus shifts to Thursday's CPI and Friday's earnings from JPM and BAC. The market has priced in a cooling inflation trajectory, providing a safety net for equities.

Technical: The index remains healthy above the 10-day SMA (6,915). The 6,900 level has successfully flipped from resistance to support. As long as this level holds, the ascending channel remains intact.

Micro: Liquidity is thin during the Monday Asian session. Option Gamma profiles suggest a "pinning" effect around 6,950, limiting immediate volatility to a tight ±20 point range.

1. Key Support & Resistance Levels Resistance (R1): 6,972 (Friday's high, immediate target).

Pivot (P): 6,938 (Intraday bias pivot).

Support (S1): 6,915 (10-day SMA support).

1. Actionable Advice Strategy: Hold & Wait. Avoid chasing highs during the low-volume Monday session.

Entry Zone: Look for dip-buying opportunities if the price retraces to 6,920 - 6,925.

Stop Loss: Maintain at 6,890.