Outlook 02/26: U.S. stock futures are pointing to a balanced open after being whipsawed by interest rates. Futures are mixed, while Treasury yields are easing early following a spike yesterday that unnerved equity investors. The bond market has been pricing in a hotter economy as vaccine programs progress and more stimulus is set to hit the U.S. economy. But Fed officials stressed yesterday they didn't see inflation as a problem and that a hotter economy might not even bring about corresponding inflationary pressures for a while.
/ESH21 Value: YVAH 3889 YPOC 3840 YVAL 3810 GAP 3831.50
/ES Plan: Yesterday market closed bearish (PBT 3747), but overnight looks more balanced, moving within yesterday's value, so these are the initial balance options for today:
