Greenland deal

 Outlook 01/22: Stock futures rise Thursday after President Donald Trump said he would no longer impose his new Europe tariffs that were set to begin Feb. 1 and announced reaching a deal “framework” over Greenland. Trump, who has been relentlessly pushing for U.S. control of Greenland in recent weeks, said Wednesday on Truth Social that he and NATO Secretary General Mark Rutte have “formed the framework of a future deal with respect to Greenland.” The president later said that “we have a concept of a deal” with the Arctic island. While equity futures are higher in the wake of the deal “framework” announcement, the situation appears far from over. On Thursday, Danish Prime Minister Mette Frederiksen said that the country is ready to hold talks with the U.S. on its “Golden Dome” missile defense plan. However, she stressed that sovereignty is non-negotiable.

ESH26 (Mar2026): YVAH 6907 YPOC 6856 YVAL 6838 GAP 6918

/ES Plan: Yesterday market closed bullish, and overnight continues on that way, moving above previous value/range, so these're the opening and initial balance options for current session:

A) If market remains above HVE 6956 with bullish internals/delta, buy towards GAP 6975 magnet.

B) If market moves below HVE 6956 with bearish internals/delta, sell towards GAP 6918 magnet

Note: Overnight is 100% bullish. The expected action is a counter-auction. Failure to see the counter-auction would be an indication of potential bullish trend day. Keep in mind new record high has been printed overnight, so it's still pending to be revisited at regular hours. 

Market Movers

10:00 ET US PCE Price Index
10:00 ET US Consumer Spending
12:00 ET EIA Crude Oil Inventories
13:00 ET US 10-Year TIPS

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