Outlook 01/25: U.S. stock futures were tracking for a mixed open Monday. Nasdaq futures were stronger after lower market Friday but SPX futures looks balanced to lower open. There's no relevant economic data today, although the rest of the week is quite busy for economic numbers and it will also see 2021's first FOMC on Wednesday. Monday's earnings start off slow, but 107 SPX companies will be out with their quarterly results by the end of the week.
/ESH21 Value: YVAH 3843 YPOC 3839 YVAL 3828 GAP 3833.50
/ES Plan: Last session market closed balanced, and overnight continues on that way, moving within previous value, so these are the initial balance options for today:
A) If market moves above LIS YPOC 3839 with bullish internals, buy towards ONH 3853.25 ATH 3859.75 and PBT 3864.
B) If market remains below LIS YPOC 3839 with bearish internals, sell towards GAP 3833.50 ONL 3830 and HVE 3821.
Note: Remember that new record high has been printed overnight, so it's still pending to be revisited at regular trading hours.
Market Movers
10:30 Dallas Fed Manufacturing Survey
1:00 PM 2-Year Note Auction
Questions via @verniman direct message (RTH) or email (After Close).
Follow alerts using TweetDeck. Primary twitter language is English.
No unauthorized reproduction of this service without permission.
