09/15/2016 ES Trade Plan Worksheet

 Pre-market Commentary  Comments Off on 09/15/2016 ES Trade Plan Worksheet
Sep 152016
 

We have a plethora of data reports @ 8:30am EST which include Retail Sales number, PPI numbers, the Philly Fed, and Unemployment Claims.  That’s enough new information to either start a market directional trend or if mixed, cause indecision and net out as a neutral.  The numbers will be viewed against the likelihood of the FOMC increasing rates next week or this year or next year.  Volatility remains high and is expected to remain so today.  Size bias is long into the 8:30am EST numbers on light volume.

 

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 Posted by at 6:38 am