Short week

Outlook 02/18: Stock futures rise early Tuesday to start out a shortened trading week, as investors kept an eye on Washington for developments on the global trade front. Much of last week’s advance came Thursday after President Donald Trump’s plan for reciprocal tariffs on countries with levies on U.S. goods soothed investors who worried they would be more stringent. Stocks have been choppy to start the year but, even with ongoing concerns around trade and inflation, a look at the major averages show that they are not too far off their recent highs as investors scan for a catalyst for the next leg higher.

ESH25 (MAR2025): YVAH 6140 YPOC 6136 YVAL 6131 GAP 6133

/ES Plan: Last session market closed bullish, and overnight continues on that way (PBT 6172), moving above previous value/range, so these're the opening and initial balance options for current session:

A) If market moves above HVE 6150 with bullish internals, buy towards ATH-PBT 6164 and PBT-ETH 6172 magnets.

B) If market moves below HVE 6150 with bearish internals, sell towards YVAH 6140 and YVAL-VAR 6131 magnet.

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

Market Movers

10:00 AM Housing Market Index
10:20 AM Fed's Daly Speech
01:00 PM Fed’s Barr Speech
04:00 PM Treasury International Capital 

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