Wyoming week

Outlook 08/18: Stock futures tick lower Monday as markets cooled off following a winning week on hopes for rate cuts from the Federal Reserve. The Fed will continue to be in focus this week as central bank members travel to Jackson Hole, Wyoming, for the annual economic policy symposium. Investors will be monitoring the event for clues about the future path of rates. Fed funds futures are pricing in a nearly 85% likelihood that the central bank cuts rates at its next policy meeting in September.

ESU25 (SEP2025): YVAH 6482 YPOC 6475 YVAL 6468 GAP 6468

/ES Plan: Last session market closed bearish (PBT 6443), and overnight continues on that way, moving below previous value, so these're the opening and initial balance options for current session:

A) If market moves above YVAL 6468 with bullish internals/delta, buy towards ONH-YVAH 6482 and ATH 6508 pending.

B) If market moves below YVAL 6468 with bearish internals/delta, sell towards ONL 6456 and PBT 6443 magnet.

Note: Remember that new record high has been printed overnight, so it's still pending to be revisited at regular hours. Market opens below value and if it begins to trade within value, VAR setup comes in play. 

Market Movers

11:30 ET US sells $82 bln 3-Month Bills

11:30 ET US sells $73 bln 6-Month Bills

12:45 ET Fed’s Bowman Speaks on TV

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