Outlook 04/14: Stock futures continue higher on Tuesday following a strong session in which traders shrugged off a breakdown in peace talks between the U.S. and Iran, yet were optimistic that a deal between the two countries was still possible. Traders also navigated a slew of fresh corporate earnings results. Crude prices fell slightly. Helping sentiment was the release of March’s producer price index (PPI) reading, as the index rose much less than expected on the month. To be sure, upside on Tuesday was kept in check after the release of more corporate earnings. JPMorgan Chase reported better-than-expected Q1 figures, but it cut its net interest income guidance. That sent the stock down 1.6%. Wells Fargo also posted disappointing numbers, pushing the stock down more than 2%. Institutional inflows and low retest rejection both fulfilled, so 'The Big Long' of 2026 could be triggered last Friday.
ESM26 (Jun2026): YVAH 6920 YPOC 6857 YVAL 6845 GAP 6923
/ES Plan: Last session market closed bullish, but overnight, after trend day, looks balanced moving above previous value/range, so these're the opening and initial balance options for current session:
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