Jobless Claims

Outlook 10/21: U.S. stock futures are flat after weekly jobless claims hit another pandemic-era low last week as the elimination of enhanced benefits sent fewer people to the unemployment line. First-time filings for unemployment insurance totaled 290,000 for the week ended Oct. 16, down 6,000 from the previous period. This was the second week in a row that claims ran below 300,000. U.S. companies are suffering through a stifling labor shortage that saw a record 4.3 million workers leave their jobs in August.

/ESZ21: YVAH 4531 YPOC 4525 YVAL 4520 GAP 4525

/ES Plan: Yesterday market closed bullish (PBT 4546), but overnight looks more balanced, moving few ticks around Yesterday's value low, so these're the opening and initial balance options for today:

A) If market moves above YVAL 4520 with bullish internals, buy towards GAP 4525 ONH 4527.75 YVAH 4531 and GAP 4534.

B) If market moves below YVAL 4520 with bearish internals, sell towards HVE 4511 ONL 4510.25 HVE 4500-4484.

Note: Remember that last record high has been printed overnight, so it's still pending to be revisited at regular trading hours.

Market Movers

10:00 Existing Home Sales
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
4:30 PM Fed Balance Sheet
9:00 PM Fed's Williams Speech

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)