End of July

Outlook 07/31: Stock futures little changed early Friday with upbeat earnings from Amazon adding to optimism. Amazon surged 13% after reporting better-than-expected second-quarter revenue. The results, which were aided by the strength of its cloud-computing business, reinforced investor confidence in artificial intelligence spending. Apple, in contrast, was more than 7% lower ahead of Friday’s opening bell. The firm’s fiscal third-quarter revenue topped expectations, helped by a 22% jump in iPhone sales, though a shortfall in service revenue pushed its stock lower. The 30-year Treasury yield climbed 6 basis points to above 5.2%, hovering near its highest level since 2007.

ESU26 (Sep2026): YVAH 7462 YPOC 7430 YVAL 7390 GAP 7487

/ES Plan: Yesterday market closed bullish (PBT 7546), but overnight looks balanced, still moving within value/range, so these're the opening and initial balance options for current session:

A) If market moves above YHOD 7498 with bullish internal/delta, buy towards ONH 7517 and PBTs 7527-7546 GAPs 7553-7567 all magnets.

B) If market moves below YHOD 7498 with bearish internal/delta, sell towards YVAH 7462 and HVE-YPOC 7430 HVE-YVAL 7390 all magnets.

Note: If market opens above value and it begins to trade within value, VAR bearish setup comes in play. It's 'Capital Preservation Friday'. Try to be calm and focus rather than thinking about your P/L account. Fridays and ends of months are rebalanced days for funds managers to open or close their large positions.

Market Movers

09:45 Chicago PMI

10:00 Univ.Michigan Sentiment 

11:00 Trump Cabinet Meeting

13:00 Baker Hughes Oil Rig Count

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