Quiet Monday

Outlook 08/10: Stock futures unchanged on Monday amid growing doubts that the U.S. and Iran will come to a lasting resolution to the conflict in the near term. Iran has said it is closing in on a deal with Oman to reopen the Strait of Hormuz, but Tehran has continued to resist direct negotiations with the U.S until several conditions are met. U.S. indexes are coming off their best weeks since April. The SP500 finished last week at an all-time closing record. Investors will closely monitor consumer and producer price index readings due out this week for the latest insights on inflation. No major reports are expected on Monday.

ESU26 (Sep2026): YVAH 7781 YPOC 7775 YVAL 7759 GAP 7775

/ES Plan: Last session market closed bullish (PBT 7827), but overnight looks balanced, moving within value, so these're the opening and initial balance options for current session:

A) If market moves above YVAH 7781 with bullish internal/delta, buy towards ONH 7796 ATH 7820 and PBT 7827 magnet.

B) If market moves below YVAH 7781 with bearish internal/delta, sell towards YVAL 7759 and GAP 7737 magnets.

Note: Market opens inside value. Don't be 'too anxious'. Stay patient. You don’t have to be the first. Bad trades occur when you try to force things to happen. It's Monday and Mondays are usually the quietest days of the week. Many traders want to take their time analyzing the market, and usually, there are few economic releases.

Market Movers

11:30 3-6 Month Bill Auction

15:00 Fed's Hammack Speaks

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