Outlook 11/19: U.S. stock futures were higher this morning, despite mixed signals over the past few days on U.S.-China trade talks and an over 5% premarket decline in Dow stock Home Depot on mixed third-quarter financial results. The Dow, SP500 and Nasdaq were tracking for new records at Wall Street's open after modest gains were enough Monday for all-time highs.
/ESZ19 Value: YVAH 3122 YPOC 3119 YVAL 3115 GAP 3121.75
/ES Plan: Last session market closed balanced but overnight looks more bullish (PBT 3141), moving above Yesterday's value, so:
A) If market remains above LIS 3127 with bullish internals, buy towards ONH-ATH 3132.50 and PBT 3141.50
B) If market moves below LIS 3127 with bearish internals, sell towards GAP 3121.75 and ONL 3115.75
Tips: New record high was printed at overnight session. Remember that new highs printed during ETH sessions should be revisited at NYSE RTH.
Today's Economic Calendar
10:00 Quarterly Services Report (Advance)
10:00 E-Commerce Retail Sales
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