Outlook 03/27: U.S. stock futures are up Wednesday following a losing session that pulled the indexes further from record levels. But despite the recent pullback, the three averages are still on pace to end the trading month and quarter, which both conclude with Thursday’s closing bell, in the green. Traders will monitor commentary from Federal Reserve Governor Christopher Waller Wednesday evening. There’s no closely followed economic data expected on Wednesday. Later in the week, investors will watch for data on jobless claims, gross domestic product and consumer sentiment on Thursday. While the market is closed on Good Friday, attention will be on releases tied to personal income, consumer spending and the personal consumption expenditures expected in the morning.
/ESM24 (JUN 2024): YVAH 5295 YPOC 5288 YVAL 5277 GAP 5271.25
/ES Plan: Yesterday market closed bearish, but overnight looks more bullish, still moving within value, so these're the opening and initial balance options for today:
