Outlook 05/02: Stock futures rise early Friday as markets digest a better-than-expected jobs report for April. Payrolls grew by 177,000 last month, above the 133,000 that economists had anticipated. That figure is still down sharply from the 228,000 added in March. The unemployment rate stood at 4.2%, in line with expectations. Investors were already upbeat prior to the strong jobs report after China said that it is evaluating the possibility of starting trade negotiations with the U.S. Still, Chinese authorities reaffirmed that the U.S. should remove all unilateral tariffs, saying that “if the U.S. wants to talk, it should show its sincerity and be prepared to correct its wrong practices and cancel the unilateral tariffs,” according to the statement.
ESM25 (JUN2025): YVAH 5664 YPOC 5642 YVAL 5635 GAP 5609
/ES Plan: Yesterday market closed bearish, but overnight, after NFP, resumes the bullish path, moving above previous value/range, so these're the opening and initial balance options for current session:
