Outlook 06/13: Stock futures tumbled early Friday after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and adding another complication at a time of heightened geopolitical tensions. WTI crude oil neared $74 a barrel. Along with the moves in energy prices, the dollar also rallied and gold accelerated more than 1% amid a safe-haven bid from investors. Trump said in a separate early morning post that he is giving Iran “perhaps, a second chance” to strike a nuclear deal. “Two months ago I gave Iran a 60 day ultimatum to “make a deal.” They should have done it! Today is day 61,” he wrote. On the economic front, investors will be waiting for the preliminary June reading of the University of Michigan’s consumer sentiment report.
ESM25 (JUN2025): YVAH 6051 YPOC 6045 YVAL 6028 GAP 6048
/ES Plan: Yesterday market closed bullish, but overnight, after Israel strike, looks bearish (PBT 5870), moving below previous value, so these're the opening and initial balance options for current session: