Outlook 06/30: Stock futures tick higher Monday as increasing trade hopes among investors position to close out a stunning month with even more record highs. Monday’s advance follows Canada rescinding its digital service tax in an effort to facilitate trade negotiations with the U.S. That’s after President Donald Trump on Friday said the U.S. was “terminating ALL discussions on Trade with Canada.” Keep in mind that Today is a re-balance day, end of Month and Quarter for Hedge and Pensions funds. They need a strong retail buying activity to re-balance their positions ahead next quarter.
ESU25 (SEP2025): YVAH 6231 YPOC 6220 YVAL 6202 GAP 6220
SPX Strikes Call Wall 6198 (/ES 6270) Put Wall 6130 (/ES6200)
/ES Plan: Last session market closed bullish (PBT 6258), and overnight continues on that way (PBT 6278), moving above previous value/range, so these're the opening and initial balance options for current session:
A) If market remains above YHOD 6239 with bullish internals/delta, buy towards ONH 6255 and PBTs 6258-6278 magnets.
B) If market moves below YHOD 6239 with bearish internals/delta, sell towards YPOC-GAP 6220 and YVAL 6202 magnets.
Note: Overnight inventory is 100% bullish. The expected action is a counter-auction. Failure to see the counter-auction would be an indication of potential bearish trend day. If market opens above value and it begins to trade within value, VAR setup comes in play. Remember that a new record high has been printed overnight, so it's still pending to be revisited at regular trading hours.
Market Movers
09:45 ET US Chicago PMI
09:45 ET US Treasury Secretary Bessent speaks
10:00 ET Fed’s Bostic speaks and Q&A.
13:00 ET White House Press Secretary Leavitt
13:00 ET Fed’s Goolsbee Q&A session
14:30 ET Trump signs Executive Orders
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