Outlook 04/09: Stock futures dipped Thursday, giving back some of the sharp gains from the previous session, as traders continue to monitor the Middle East after the U.S. and Iran agreed to a two-week ceasefire. Later on Wednesday, Iran’s parliamentary speaker Mohammad Bagher Ghalibaf accused the U.S. of already violating the ceasefire agreement. The violations are Israel’s continued attacks on Lebanon, a drone’s entry into Iranian airspace and the denial of the Islamic Republic’s right to enrich uranium, he said. Meanwhile, overall traffic through the strait has still not improved since the ceasefire deal was announced, as only some bulk carriers have traversed the key waterway. The only issue that matters to the markets is free traffic in the Strait of Hormuz.
ESM26 (Jun2026): YVAH 6828 YPOC 6814 YVAL 6800 GAP 6820
/ES Plan: Yesterday market closed balanced, and overnight continues on that way, moving within previous value, so these're the opening and initial balance options for current session:
Questions via private twitter direct message (RTH)
