Outlook 09/27: U.S. stock futures are higher Wednesday morning, but U.S. equities markets are coming off a rough Tuesday as September limps toward its last days of trading. All three major indices fell over 1%. It was just one of those days where nothing felt right. New home sales plunged in August, Amazon was hit with a big antitrust lawsuit and the Conference Board’s consumer confidence index fell more than expected. Investors this week are also grappling with negotiations in Washington, as lawmakers hope to avert a government shutdown that could take place as early as Oct. 1 if Congress doesn’t agree on a spending bill.
/ESZ23 (Dec 2023): YVAH 4339 YPOC 4333 YVAL 4306 GAP 4320
/ES Plan: Yesterday market closed bearish (PBT 4283), but overnight looks slight bullish, moving within previous value, so these're the opening and initial balance options for today:
