Outlook 03/11: U.S. stock futures fall Monday, on track to extend last week’s losses as investors geared up for fresh inflation data. Traders are preparing for February’s consumer and producer price indexes — which are set to release Tuesday and Thursday, respectively. These are among the last major economic reports before Federal Reserve leaders convene for their March policy meeting. Those releases come after Friday’s February jobs report, which gave investors mixed signals as to when exactly the Fed will begin cutting interest rates. While the U.S. economy added more jobs than economists anticipated, the central bank could start easing up on monetary policy.
/ESH24 (MAR 2024): YVAH 5179 YPOC 5153 YVAL 5133 GAP 5133.50
/ES Plan: Last session market closed bearish, and overnight continues on that way, moving below value and range, so these're the opening and initial balance options for today:
