Jackson week

Outlook 08/24: Stock futures fell slightly on Monday as a drop in key technology stocks overshadowed a move lower in Treasury yields. The 10-year Treasury note yield fell 4 basis points to 4.7%. The yield on the 30-year Treasury bond, which topped 5.3% last week to reach levels not seen in nearly 20 years, shed 4 basis points to 5.23%. Chairman Kevin Warsh is expected to deliver a speech at the Fed’s annual symposium in Jackson Hole, Wyoming. On top of that, investors this week will get new inflation data in the form of the July personal consumption expenditures price index on Wednesday. Artificial intelligence will also be in focus, with Nvidia and Marvell Technology set to report earnings Wednesday and Thursday, respectively.

ESU26 (Sep2026): YVAH 7700 YPOC 7694 YVAL 7684 GAP 7691

/ES Plan: Last session market closed balanced, but overnight turns bearish (PBT 7654), moving below value, so these're the opening and initial balance options for current session:

A) If market moves above YVAL 7684 with bullish internal/delta, buy towards GAP 7691 YVAH 7700 and GAP 7728 all magnets.

B) If market moves below YPOC 7698 with bearish internal/delta, sell towards GAP 7761 PBT 7650 and GAP 7632 all magnets.

Note: If market opens below value and it begins to trade within value, VAR bullish setup comes in play. It's Monday and usually the quietest day of the week. Many traders want to take their time analyzing the market, and usually, there are few setups on deck. 

Market Movers

11:30 3-6 Month Bill Auction

12:50 Treasury Sec. Speaks

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