Outlook 04/07: U.S. stock futures wavered between slight gains and losses overnight. Minutes will be released from the Fed's last meeting in March, when the central bank upwardly revised its economic projections and telegraphed that interest rates would likely remain at near-zero levels through 2023. The minutes could provide some clarity as to how committed the FOMC is to keeping rates low or how members might change their policy rate views if their upbeat forecasts for growth, jobs and inflation come to fruition. While the meeting will be of particular note to investors, remarks from Jay Powell tomorrow may offer a more timely view of the central bank's policy thinking.
/ESM21: YVAH 4074 YPOC 4071 YVAL 4063 GAP 4064.25
/ES Plan: Last session market closed bullish (PBT 4089), but overnight looks more bearish, moving below yesterday's value, so these are the initial balance options for today:
