Outlook 03/14: There's not much movement from U.S. stock index futures this morning ahead of another fresh round of economic data. On the trade front, President Trump said he was in no rush to complete a deal with China and insisted that any pact include protection for intellectual property. U.K. politicians vote for a third day on whether to delay Brexit after they rejected a no-deal split from the EU. European Council President Donald Tusk said he will push for a "long extension" if Britain needs it to "rethink its Brexit strategy."
/ESM19 Value: YVAH 2824 YPOC 2816 YVAL 2814 GAP 2819.75
/ES Plan: Yesterday market closed bullish but overnight looks more balanced, moving within yesterday's value so we've these options:
A) If market remains above HVE 2819 with bullish internals, buy towards ONH-LVN-YVAH 2825 YHOD 2826.50 and HVE 2842.
B) If market starts to move below HVE 2819 with bearish internals, sell towards ONL 2811.25 HVE 2808 and LVN 2800.
Today's Economic Calendar
10:00 New Home Sales
10:30 EIA Natural Gas Inventory
04:30 PM Money Supply
04:30 PM Fed Balance Sheet
Disclaimer: All information on this outlook is for educational purposes only and is not intended to provide financial advice.
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