Outlook 06/27

Context: Markets struggle with Brexit hangover. After remaining mostly undecided since the market open, European shares are starting to feel the effects from Friday's historic drubbing. The world's top central bankers are beginning the week with a three-day ECB summit in Sintra, Portugal. Janet Yellen and Mario Draghi due to deliver opening remarks.

Globex is bearish, moving below value within 2021-1981 range.

Plan: It seems an open auction out of range so first idea is to be a seller around CLVN-VAL 2021-2026 towards CLVN 1981. If that fails, I become a buyer towards CLVN-POC zone 2046-2047.50

Value References (/ESU6): VAH 2051 POC 2047.50 VAL 2026.50

Economic Data (ET): 9:45 PMI Services Index Flash; 10:30 Dallas Fed Manufacturing Survey; 1:30 PM ECB Draghi speaks.

Notice: Trading process and plan are based on the Auction Theory.

Warning: Trading Futures involves substantial risk of loss and is not suitable for all investors. The past performance is not necessarily indicative of future results. All the information on this website is for educational purposes and is not intended to provide financial advice.