Outlook 07/13

Context: Rally seems to take a pause at the open. Just three weeks after the UK voted in favor of leaving the EU, Theresa May will today take over from David Cameron to become the 54th prime minister.

Plan: Globex is balanced, moving above value within 2105-ATH. It seems an open auction so first idea is wait for more clues about the dominant force and then play setups towards that direction.

Value References (/ESU6): VAH 2148.50 POC 2147 VAL 2143

Economic Data (ET): 9:00 Fed's Kaplan; 10:00 Atlanta Fed's Business Inflation Expectations; 10:30 EIA Petroleum Inventories;
2:00 PM Fed's Beige Book; 6:30 PM Fed's Harker.

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.