Outlook 10/04

Context: Futures were drifting this morning, amid in a global market rally. Stocks in Europe, particularly in the U.K., were surging as the British pound fell to a 31-year low over Brexit impact fears.

Plan: Globex is bearish, moving in value within 2151-2172. It seems an open auction, so first idea is to be a seller towards VAL 2149.75 and VPOC 2146. If that fails, I become a buyer towards GAP 2159 and CLVN 2172.

Value References (/ESZ6): VAH 2154.25 POC 2152.75 VAL 2149.75

Economic Data (ET): No data for today.

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.