PPI data

Outlook 05/15: Stock futures fell Thursday after the S&P 500 strung together a third consecutive advance in reaction to the Trump administration and China hammering out a temporary suspension of their tit-for-tat tariff dispute. Traders also assessed the state of the economy on Thursday, with an unexpected decline in wholesale prices last month. The producer price index for April declined 0.5% month-over-month, the Bureau of Labor Statistics said. Economists forecast PPI would increase 0.3% on the month. Retail sales increased 0.1% in April, which matched consensus estimates, while industrial production numbers for April decreased slightly more than expected.

ESM25 (JUN2025): YVAH 5915 YPOC 5906 YVAL 5902 GAP 5910

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

A) If market moves above YLOD 5890 with bullish internals/delta, buy towards GAP 5910 and YVAH 5915 VAR magnets

B) If market moves below YLOD 5890 with bearish internals/delta, sell towards HVE 5875 ONL 5867 and HVEs 5852-5826.

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

Market Movers

11:40 ET Trump speaks at Al Udeid Air Base
14:05 ET Fed’s Barr Speech

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