Outlook 09/26: U.S. stock futures were pointing to a higher open, after President Donald Trump said a U.S.-China trade deal could arrive sooner than expected. The SP500 broke three-day losing streaks Wednesday. There will be no lack of Fed commentary today, with St. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan, Fed Vice Chairman Richard Clarida, Minneapolis Fed President Neel Kashkari, and Richmond Fed President Tom Barkin all making public appearances.
/ESZ19 Value: YVAH 2978 YPOC 2975 YVAL 2960 GAP 2986.75
/ES Plan: Yesterday market closed bullish and overnight continues on that way, moving above yesterday's value, so:
A) If market remains above LIS HVE 2989 with bullish internals, buy towards ONH 2995 HVEs 3007-3018 and ATH 3029.50
B) If market moves below LIS 2989 with bearish internals, sell towards GAP 2986.75 HVE 2980 ONL 2978.50 and HVE 2972.
Quotes: "You need to ‘change your thinking’. The goal is to reach a ‘care-free state of mind’. When a pattern presents itself, don’t think. Take the trade because you have an edge." Mark Douglas
Today's Economic Calendar
10:00 Fed's Bullard speech
10:00 Pending Home Sales
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
11:45 Fed's Daly speech
11:45 Fed's Clarida speech
01:00 PM 7-Year Note Auction
02:00 PM Fed's Kashkari speech
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