Busy week

Outlook 07/26: U.S. stock futures are ticking lower ahead of a busy week. The Fed is scheduled to meet on Wednesday, we'll get a print on Q2 GDP, while lawmakers hope to advance an infrastructure deal to a Senate vote. Don't forget earnings! About 165 SP500 companies are due to report in the biggest week of the season. Tech heavyweights like Alphabet, Amazon, Apple, Facebook and Microsoft will take the spotlight, with the five companies comprising more than a fifth of the total market cap of the SP500. The results should illustrate how large businesses are withstanding the pandemic and a recent uptick in inflation.

/ESU21: YVAH 4408 YPOC 4403 YVAL 4381 GAP 4401

/ES Plan: Last session market closed bullish, but overnight looks more balanced, moving within Friday's value, so these are the initial balance options for today:

A) If market remains above HVE 4385 with bullish internals, buy towards ONH 4405.25 ATH 4408.25 and PBT 4427-4438.

B) If market moves below 4385 with bearish internals, sell towards YVAL 4381 ONL 4375.50 HVN 4365 and GAP 4363. 

Note: Market looks balanced, it's Monday, week start, so don't be 'too anxious' to trade early. Bad trades occur are when you try to force things to happen, don’t force it. 

Market Movers

10:00 New Home Sales

10:30 Dallas Fed Manufacturing Survey

1:00 PM 2-Year Note Auction

Follow updates using TweetDeck. Primary twitter language is English. 

Follow the market news and listen to the order flow via FinancialJuice.

Questions via twitter direct message (RTH)