Japan deal

 Outlook 07/23: Stock futures rise Wednesday after President Donald Trump announced the U.S. had reached a trade deal with Japan, lifting hope for further agreements being made. The agreement includes “reciprocal” tariffs of 15% on the nation’s exports to the U.S. The president also said the U.S. is meeting with European officials in a push to reach a trade deal with the European Union. Investors are awaiting earnings from Alphabet and Tesla expected Wednesday after the bell. They are the first reports of the earnings season from the megacap technology sector, a group that’s been closely watched given its market leadership in recent years.

ESU25 (SEP2025): YVAH 6353 YPOC 6345 YVAL 6335 GAP 6345

/ES Plan: Yesterday market closed bullish (PBT 6374), and overnight continues on that way, moving well above previous value/range, so these're the opening and initial balance options for current session:

A) If market moves above ONH 6374 with bullish internals/delta, buy towards ON-PBT 6396 and daily MFE 6405 both magnets.

B) If market remains below ONH 6374 with bearish internals/delta, sell towards YVAH 6353 GAP 6345 and YVAL 6335 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 bullish trend day. Market opens above value and if it begins to trade within value, VAR setup comes in play. 

Market Movers

10:00 ET US Existing Home Sales for June
10:30 ET US Weekly EIA Crude Oil Inventories
13:00 ET US $13 bln 20-Year Bonds Auction
13:00 ET White House Press Secretary speaks
16:00 ET GOOGL EPS: $2.18 Rev: $79.59B
16:05 ET TSLA EPS: $0.42 Rev: $22.64B
16:10 ET IBM EPS $2.63 Rev: 16.59B

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