Trump FED trip

Outlook 07/24: Stock futures on the flatline after gains were kept in check by declines in IBM and Tesla, down 6% early Thursday after auto revenue fell for a second straight quarter. Investors also turned their attention to the ongoing feud between President Donald Trump and the Federal Reserve. The White House said that President Donald Trump will visit the Fed on Thursday, escalating his pressure campaign against Chairman Jerome Powell. This is the first time in nearly two decades that an U.S. president will make an official trip to the central bank.

ESU25 (SEP2025): YVAH 6400 YPOC 6390 YVAL 6365 GAP 6404

/ES Plan: Yesterday market closed bullish (PBT 6436), but overnight clooks balancedy, moving a few ticks above previous value, so these're the opening and initial balance options for current session:

A) If market moves above YVAH 6400 with bullish internals/delta, buy towards ON-GAP 64066 and PBT 6436 magnet.

B) If market moves below YVAH 6400 with bearish internals/delta, sell towards YPOC 6390 and YVAL-VAR 6365 magnet.

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

Market Movers

09:45 ET US PMIs July Manufacturing / Services / Composite
13:00 ET $21 bln 10-Year TIPS auction
15:00 ET Trump signs Executive Orders and Bills
16:00 ET Trump visits the Federal Reserve

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