FOMC begins

Outlook 01/28: Stock futures tick higher early Tuesday after a sell-off fueled by worries over the emergence of Chinese artificial intelligence startup DeepSeek and its implications for technology investment and profits in the U.S. Nvidia added more than 3% after slumping nearly 17% Monday, losing almost $600 billion in market value, the biggest ever one-day drop for a U.S. company. Investors attention is turning toward corporate earnings due this week. Starbucks is due to report Tuesday after the bell. A slate of Magnificent Seven companies will report in the coming days, with Meta, Microsoft, Tesla and Apple due later this week. The Federal Reserve will also kick off its two-day policy meeting on Tuesday. Fed funds futures are pricing in a more than 99% chance that interest rates will remain unchanged.

ESH25 (MAR2025): YVAH 6044 YPOC 6029 YVAL 6012 GAP 6150

/ES Plan: Yesterday market closed bullish, and overnight continues on that way, moving above previous value, so these're the opening and initial balance options for current session:

A) If market moves above YVAH 6044 with bullish internals, buy towards HVE-ONH 6073 HVE 6107 and GAP 6129 magnet.

B) If market moves below YVAH 6044 with bearish internals, sell towards HVE-ONL 6032 and YVAL 6012 VAR magnet.

Note: Market opens above value and if it begins to trade within value, VAR comes into play.

Market Movers

10:00 AM Consumer Confidence
10:00 AM Richmond Fed Mfg. Index
11:30 AM 2-Year FRN Auction
01:00 PM 7-Year Note Auction
01:00 PM Money Supply 

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