Outlook 10/11

Context: Futures are looking to shift their focus back to corporate results, with Alcoa kicking off the third-quarter earnings season before today's opening bell. Earnings could move the bar for stocks more than anything else, especially because higher-than-average valuations. Wells Fargo, Citigroup and JPMorgan report on Friday.

Plan: Globex is berish, moving below value within 2150-2171. It seems an open auction, so first idea is to be a seller below 2150 towards GAPs 2146.50 If that fails, I become a buyer towards GAP 2168.25

Value References (/ESZ6): VAH 2163 POC 2162 VAL 2158.50

Economic Data (ET): 10:00 Labor market condition index.

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.