Outlook 09/16

Context: Futures follow Europe lower. Asia managed to put in a small rally off the back of gains in the U.S. yesterday, but Europe is down at midday. Quadruple witching could add to volatility.

Plan: Globex is balanced, moving in value within 2138-2105. It seems an open auction, so first idea is to be a buyer towards POC 2140 and VAH 2144. If that fails, I become a seller towards GAP 2113 and CLVN 2105.

Value References (/ESZ6): VAH 2144.50 POC 2140.50 VAL 2127

Economic Data (ET): 10:00 Consumer Sentiment; 1:00 PM Baker-Hughes Rig Count; 4:00 PM Treasury International Capital.

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.