Outlook 05/04: Stock futures slipped on Monday as the latest developments in the Middle East sent oil prices higher, sparking further worries about instability in the region. In a Sunday Truth Social post, President Donald Trump announced “Project Freedom,” which he said entails the U.S. helping to “free” cargo ships of nations that aren’t involved in the Middle East conflict and that have been stranded by the Strait of Hormuz closure. The week’s most dominant economic news release will be the April jobs report, due out on Friday morning at 8:30 a.m. ET. Consensus estimates that the U.S. economy is expected to have added just 53,000 jobs in April, far below the prior blowout reading of 178,000, while the unemployment rate is expected to remain at 4.3%.
ESM26 (Jun2026): YVAH 7285 YPOC 7272 YVAL 7259 GAP 7254
/ES Plan: Last session market closed bearish, and overnight continues on that way, moving below previous value, so these're the opening and initial balance options for current session:
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