Outlook 04/24: U.S. stock index futures point to a balanced open ahead of another full day of earnings. Trade negotiators led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing next week, the White House said, as both sides work to reach a draft agreement by next month.
/ESM19 Value: YVAH 2939 YPOC 2936 YVAL 2924 GAP 2938.50
/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 LIS YPOC HVE 2936 with bullish internals, buy towards ONH 2939.75 ATH 2947 and PBT 2965.
B) If market starts to move below 2936 with bearish internals, sell towards ONL 2931.75 YVAL 2924 and HVEs 2818-2913.
Quotes: “Only The Game, Can Teach You The Game” – Jesse Livermore
Today's Economic Calendar
10:00 State Street Investor Confidence Index
10:30 EIA Petroleum Inventories
01:00 PM 5-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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Glossary of terms
