Outlook 10/02: U.S. stock futures tick down Monday after U.S. legislators were able to come to a temporary agreement that staved off a government shutdown. The Senate passed a continuing resolution with just hours to spare before a midnight deadline Saturday, which was then signed by President Joe Biden into law. The bill keeps the government open for 45 more days, an extended period that lawmakers can use to finalize funding legislation. Investors will watch for economic data due Monday on purchasing and construction spending. Later in the week, attention will turn to a string of reports offering insight into the health of the labor market, including Friday’s monthly payrolls data.
/ESZ23 (Dec 2023): YVAH 4371 YPOC 4360 YVAL 4329 GAP 4329.25
/ES Plan: Last session market closed bimodal bearish, and overnight continues on that way, moving below previous value/range, so these're the opening and initial balance options for today:
