Outlook 09/15

Context: Futures set to open balanced, ahead of a busy day of economic news that includes August retail sales among a number of other reports.

Plan: Globex is balanced, moving in value within 2138-2105. It seems an open auction, so first idea is to be a seller towards ONL-CLVN 2107-2105. If that fails, I become a buyer towards CLVN 2138.

Value References (/ESZ6): VAH 2126.75 POC 2118.25 VAL 2115.75

Economic Data (ET): 9:15 Industrial Production; 9:45 Bloomberg Consumer Index; 10:00 Business Inventories; 10:30 EIA Natural Gas.

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

Warning: Trading Futures invoholds, Ilves 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.