PCE data

Outlook 06/25: Stock futures rise on Thursday, boosted by a blowout Micron Technology earnings report, as traders digested the release of a key inflation reading for May. Micron surged 20% after the chipmaker reported fiscal third-quarter results that topped analysts’ expectations. May’s personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge, showed that the headline index rose 0.4% on the month, just below the 0.5% rise that economists polled by Dow Jones were expecting. The headline index also rose 4.1% on a yearly basis, in line with expectations.

ESU26 (Sep2026): YVAH 7473 YPOC 7448 YVAL 7417 GAP 7463

/ES Plan: Yesterday market closed balanced, but overnight looks bullish (PBT 7511), moving above previous value, so these're the opening and initial balance options for current session:

A) If market remains above YVAH-HVE 7473 with bullish internals/delta, buy towards ONH-YHOD 7496 and PBT 7511 magnet.

B) If market moves below YVAL-HVE 7473 with bearish internals/delta, sell towards GAP 7463 HVE 7360 and PBT 7330 magnet.

Note: If market opens above value and it begins to trade within value, VAR bearish setup comes in play.

Market Movers

10:30 EIA Natural Gas

11:00 Kansas City Fed Index

11:30 US 4-Week Bill Auction

13:00 US 7-Year High Auction

15:40 Fed's Williams Speaks

 

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