Outlook 02/15: U.S. stocks futures pointing to gains after President Xi Jinping has revealed that U.S.-China trade talks will continue in Washington next week, with the hope of reaching a mutually beneficial deal. Investors are also eyeing the market impacts of President Trump's decision to declare a national emergency and other executive actions to fund his proposed border wall.
/ESH19 Value: YVAH 2754 YPOC 2752 YVAL 2739 GAP 2743.75
/ES Plan: Yesterday market closed bullish (PBT 2774) and overnight auction suggests more upside, moving above previous value, so we've these options:
A) If market remains above YVAH 2754 with bullish internals, buy towards HVE 2758 PBT 2774 YHOD 2763 and HVE 2784.
B) If market starts to move below 2754 with bearish internals, sell towards HVE 2743 LVN 2734 ONL 2729 and HVE 2719.
Today's Economic Calendar
09:15 Industrial Production
09:55 Fed's Bostic Speech
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count
Disclaimer: All information on this outlook is for educational purposes only and is not intended to provide financial advice.
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Glossary of terms
