No Changes

Outlook 06/09: U.S. stock futures  rose slightly on Wednesday holding steady. Traders are staying on the sidelines before the latest inflation figures on Thursday, to gauge whether higher price pressures are temporary as the economy rebounds from the coronavirus pandemic. President Biden is looking for a new coalition for his infrastructure bill as talks with key Republican senators collapsed. He'll also depart today on his first trip abroad since taking office. The eight-day mission will seek to strengthen trans-Atlantic ties, including a G7 summit, as visits with Queen Elizabeth and Russia's Vladimir Putin.

/ESM21: YVAH 4231 YPOC 4227 YVAL 4220 GAP 4225.75

/ES Plan: Yesterday market closed bullish, and overnight continues on that way, moving above yesterday's value so these are the initial balance options for today:

A) If market moves above HVE 4233 with bullish internals, buy towards  ATH 4238 and PBTs 4248-4261.

B) If market moves below HVE 4233 with bearish internals, sell towards GAP 4225.75 and HVEs 4219-4213.

Note: Remember that new record high has been printed overnight, so it's still pending to be revisited at regular trading hours. Keep in mind that we're on the rollover week, so volume from June contract starts to dries up towards September contract.

Market Movers

10:00 Wholesale Inventories

10:30 EIA Petroleum Inventories

1:00 PM 10-Year Note Auction

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