Outlook 07/27: Stock futures rallied early Monday as oil prices declined, amid a pause in fighting between the U.S. and Iran over the weekend. Traders were also looking ahead to a demanding week of megacap earnings and a potentially surprising Federal Reserve meeting. The week ahead will have no shortage of challenges for the major averages. A succession of quarterly reports from Amazon, Apple, Meta Platforms and Microsoft will either soothe investor fears of rampant artificial intelligence spending, or add to them, after Alphabet’s disappointing results in the last week. The Fed will make its latest decision on interest rates on Wednesday. The consensus view is that the central bank will hike rates in September, but markets are pricing in the meaningful possibility that the Fed will lift its benchmark borrowing rate a quarter percentage point as soon as this week.
ESU26 (Sep2026): YVAH 7467 YPOC 7444 YVAL 7434 GAP 7444
/ES Plan: Last session market closed bearish, but reopening looks bullish (PBT 7536), moving well above previous value/range, so these're the opening and initial balance options for current session:
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