Techs slide

Outlook 01/13: Stock futures slipped Monday as key tech shares that have led the bull market continued to be dumped by investors. Nvidia and Palantir fell nearly 3% before the open. Other popular tech shares including Tesla, Broadcom, and Micron were also down in premarket trading. Investors are hoping the start of the fourth-quarter earnings season with stabilize markets. Banks including Citigroup, Goldman Sachs, and JPMorgan Chase report on Wednesday, while Morgan Stanley and Bank of America will post results on Thursday. Data this week includes the December consumer price index on Wednesday morning. Before that, investors will parse wholesale inflation with December’s producer price index report on Tuesday.

ESH25 (MAR2025): YVAH 5899 YPOC 5863 YVAL 5854 GAP 5865

/ES Plan: Last session market close bearish (PBT 5763), and reopening contnues on that way (PBT 5791), moving below previous value/range, so these're the opening and initial balance options for current session:

A) If market moves above HVE 5822 with bullish internals, buy towards YVAL 5854 GAP 5865 magnet and YVAH 5899 VAR magnet.

B) If market moves below HVE 5822 with bearish internals, sell towards ONL 5809 PBTs 5791-5763 and GAP 5747 magnets. 

Note: It's another short week. We'll see if institutions resume their normal trading routine or if volume remains below normal.

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