Bounce ruined

Outlook 02/25: Stock futures are little changed Tuesday after the SP500 posted a three-day losing streak, with traders weighing concerns around global trade. Bitcoin prices fell below $90,000 overnight, marking their lowest their lowest level in three months. The blue chip coin is trading almost 20% below its all-time high reached on President Donald Trump’s inauguration day. On the economic front, investors are turning their attention to the latest U.S. consumer confidence data due out at 10 a.m. ET. Economists are expecting the Conference Board’s consumer confidence index to show a reading of 102.3 for February, less than the previous month’s reading of 104.1. The report comes ahead of a slew of other economic data releases later in the week, including January’s personal consumption expenditures price index reading Friday. 

ESH25 (MAR2025): YVAH 6046 YPOC 6036 YVAL 6007 GAP 6007

/ES Plan: Yesterday market closed bearish, but overnight looks bullish (PBT 6041), moving below previous value, so these're the opening and initial balance options for current session:

A) If market remains above HVE 5995 with bullish internals/volume, buy towards YVAL-GAP 6007 magnet and YVAH 6046 VAR magnet.

B) If market moves below HVE 5995 with bearish internals/volume, sell towards HVEs 5975-5964-5948-5930-5915 and GAP 5892 magnet

Note: If market opens below value and it begins to trade within value, VAR comes into play.

Market Movers

10:00 AM Consumer Confidence
10:00 AM Richmond Fed Mfg. Index
11:45 AM Fed’s Barr Speech
01:00 PM Fed's Barkin Speech
01:00 PM 5-Year Note Auction
01:00 PM Money Supply 

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