Outlook 09/11: On Tuesday, the schedule will bring investors the job openings and labor turnover survey. JOLTS report is coming off a near-record reading June, with 6.66 million jobs open during the month. JOLTS report has given economists another look at how slack is disappearing from the labor market. The floor of the New York Stock Exchange will also observe a moment of silence on Tuesday morning to mark the anniversary of the terrorist attacks of September 11, 2001.
/ESU8 Value: YVAH 2884 YPOC 2880.50 YVAL 2878
/ES Plan: Yesterday market closed leaving a balanced profile but overnight looks bearish, moving below yesterday's value, so we've these options:
A) If market remains below YLOD 2873.25 with bearish internals, try to lean on 2873 towards HVE 2864 and PBT-GAP 2857.75 'Look below and fail' is a bullish signal.
B) If market starts to move above YLOD 2873.25 with bullish internals, become a buyer towards GAP 2880.50 and ONH 2885. 'Look above and fail' is a bearish signal.
Today's Economic Calendar
10:00 Job Openings and Labor Turnover Survey
10:00 Wholesale Trade
01:00 PM 3-Year Note Auction
Disclaimer: All information on this outlook is for educational purposes only and is not intended to provide financial advice.
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