Outlook 03/27: Positive for most of the overnight session, U.S. futures are now dipping into the red. Brexit is getting even more complicated. U.K. lawmakers today will vote on competing visions of Brexit using paper ballots that will let them back as many proposals as they like, including holding a second referendum or staying in the EU's customs unions and single market.
/ESM19 Value: YVAH 2828 YPOC 2821 YVAL 2811 GAP 2823.25
/ES Plan: Yesterday market closed balanced and overnight doesn't change too much, moving within Yesterday's value, so Today's options:
A) If market starts to move above HVE 2825 with bullish internals, buy towards ONH 2831.75 YHOD 2835 and HVEs 2837-2842.
B) If market starts to move below LVN 2819 with bearish internals, sell towards ONL-HVE 2814 HVE 2808 and GAP 2807.25.
Tips: Trade the first 2 hours for liquidity. If you get a decent success rate in the morning, trading at afternoon is totally unnecessary. Less is more.
Today's Economic Calendar
10:00 State Street Investor Confidence Index
10:30 EIA Petroleum Inventories
01:00 PM 5-Year Note Auction
07:00 PM Fed's George speech
Disclaimer: All information on this outlook is for educational purposes only and is not intended to provide financial advice.
Questions via @verniman direct message (RTH) or email (After Close).
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