FOMC week

Outlook 04/27: Stock futures relatively unchanged on Monday as stalled Iran peace talks and a fresh escalation in the Strait of Hormuz pushed oil prices higher, keeping geopolitical tensions front and center heading into a pivotal week. However, an Axios report that said Iran has offered a new proposal to the U.S. for reopening the Strait of Hormuz and ending the war while suggesting that nuclear talks be deferred. On the corporate front, five of the “Mag7” companies are set to report results in the final week of April, raising the stakes for a market already priced for strong growth. Attention will also turn to the Federal Reserve’s policy decision on Wednesday, which could mark Jerome Powell’s final meeting as chair before Kevin Warsh is expected to take over in May. 

ESM26 (Jun2026): YVAH 7200 YPOC 7191 YVAL 7164 GAP 7195 

/ES Plan: Last session market closed bullish (PBT 7246), but overnight looks balanced, moving within previous value, so these're the opening and initial balance options for current session:

A) If market moves above HVE 7188 with bullish internals/delta, buy towards ATH-ONH 7208 and PBTs 7210-7246 magnets.

B) If market moves below HVE 7188 with bearish internals/delta, sell towards ONL 7171 YVAL 7164 and GAP 7134 magnet.

Note:  Market opens inside value. Don't be 'too anxious'. Stay patient. You don’t have to be the first. Bad trades occur when you try to force things to happen. It's Monday and Mondays are usually the quietest days of the week. Many traders want to take their time analyzing the market, and usually, there are few economic releases.

Market Movers

10:30 Dallas Fed Mfg Index

11:30 US 2-Year Note Auction

11:30 US 6-Month Bill Auction

13:00 US 5-Year Note Auction

Follow news and listen to order flow at FinancialJuice.

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