After Jobs Report

Outlook 06/04: Markets across the globe are flashing green following a robust May jobs report on Friday that reignited investor sentiment and reset bets on the Fed's rate hike path. The move higher comes despite concerns over the impact of trade disputes between the White House and major economic allies, as well as this week's G7 summit. Also on the radar today is the Apple's annual developer conference.

/ESM8 Value: YVAH 2735 YPOC 2733 YVAL 2727

/ES Plan: Yesterday market closed bullish (PBT 2746) and Overnight action filled that PBT, moving above Friday's range, so as usual we've these options:

A) If market remains above YHOD 2737 with bullish internals, be a buyer leaning on 2737 towards ONH 2746.75 PBT 2748 and GAP 2755.50 'Look below and fail' is a bullish signal.

B) If market starts to move below YHOD 2737 with bearish internals, become a seller leaning on 2737-35 towards ONL 2729 and LVN 2720. 'Look above and fail' is a bearish signal.

Tips: Use Volume Profile to identify rejection/acceptance areas for holding or failing, plus non-parameter based indicators (VWAP-Internals)

Today's Economic Calendar

10:00 Factory Orders
12:30 PM TD Ameritrade IMX

Disclaimer: All information on this outlook is for educational purposes only and is not intended to provide financial advice.

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