CPI data

Outlook 11/13: Stock futures tick higher after inflation report. The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate, according to the consensus estimate. The pace of price increases is also one of the key components to informing the Federal Reserve’s decision to cut or maintain interest rates. Other notable economic data releases later this week include the producer price index data and retail sales numbers, which will be announced on Thursday and Friday, respectively.

ESZ24 (DEC2024): YVAH 6028 YPOC 6017 YVAL 6009 GAP 6017

/ES Plan: Yesterday market closed balanced, and overnight, after CPI, looks more bullish, moving above previous value, so these're the opening and initial balance options for current session:

A) If market moves above YPOC 6017 with bullish internals, buy towards YVAH 6028 YHOD 6036 HVE 6042 ATH-ETH 6053 and PBT 6057 magnet.

B) If market moves below YPOC 6017 with bearish internals, sell towards YVAL 6009 CPI-SoC 6004 YLOD-HVE 5986 and GAP 5957 magnet.

Note: Market opens in balance. Don't be 'too anxious'. You don’t have to be the first. Bad trades occur when you try to force things to happen.

Market Movers

09:45 AM Fed’s Logan Speech

11:00 AM Treasury Buyback Announcement

01:00 PM Fed's Musalem Speech

01:30 PM Fed's Schmid Speech

02:00 PM Treasury Statement

02:00 PM Treasury Buyback Results 

Follow Twitter updates using TweetDeck old version.

Follow news and listen to order flow at FinancialJuice.

Questions via private twitter direct message (RTH)