Outlook 03/26: U.S. stock futures tick higher Tuesday morning, as investors tried to resume the rally that took equities to record highs after a decline in the previous session. Month to date, the major U.S. stock benchmarks are on pace for their fifth straight winning month. The broad market index is up more than 2% in March. Despite some concerns that the market rally has crossed into overbought territory, investors still can’t be underweight on equities as of now. The combination of a soft landing, a Fed that has your back and under-invested strategists and institutions means that this rally can keep going.
/ESM24 (JUN 2024): YVAH 5287 YPOC 5284 YVAL 5278 GAP 5278
/ES Plan: Yesterday market closed bearish, but overnight looks more bullish, moving above value, so these're the opening and initial balance options for today:
