Outlook 12/17: U.S. stock futures rose on Thursday as traders kept an eye on Washington, looking for clues about the prospects of additional fiscal aid. Today's data showed jobless claims totaled 885,000 last week, hitting their highest level since early September as the number of Covid-19 infections surged around the U.S. Economists expected 808,000 workers sought state jobless benefits during the week ended Dec. 12.
/ESH21 Value: YVAH 3700 YPOC 3693 YVAL 3688 GAP 3694.25
/ES Plan: Yesterday market closed balanced, but overnight looks more bullish (PBT 3734), moving above Yesterday's range, so these are the initial balance options for today's opening:
A) If market remains above YHOD 3705 with bullish internals, buy towards ATH-ON 3717.50 and PBTs 3734-3738.
B) If market moves below YHOD 3705 with bearish internals, sell towards GAP 3694.50 YPOC 3693 and ONL 3692.
Note: Remember that new record high has been printed overnight, so it's still pending to be revisited at regular trading hours.
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