Waiting CPI

Outlook 08/11: Stock futures tick higher ahead of key inflation data expected this week. Inflation readings this week will prove a key hurdle for a broad market index near record highs. The consumer price index, which is set to be released Tuesday, and the producer price index, due out Thursday, will be critical in shaping the outlook for the direction of interest rates, especially for the Federal Reserve’s September meeting. Hotter inflation prints could hinder the market’s advance. The inflation data comes ahead of the Fed’s Jackson Hole meeting in Wyoming on Aug. 21-23, which will likely set the tone for the September meeting.

ESU25 (SEP2025): YVAH 6418 YPOC 6408 YVAL 6400 GAP 6425

/ES Plan: Last session market closed bullish (PBT 6445), but overnight looks balanced, moving within previous value, so these're the opening and initial balance options for current session:

A) If market moves above YVAH 6418 with bullish internals/delta, buy towards ONH 6429 HVE 6433 PBT 6445 magnet and ATH-ON 6467.

B) If market moves below YVAH 6384 with bearish internals/delta, sell towards ONL-YPOC 6408 YVAL-VAR 6400 and GAP 6374 magnets.

Note:  If market opens above value and it begins to trade within value, VAR setup comes in play. Remember that a new record high has been printed overnight, so it's still pending to be revisited at regular hours. 

Market Movers

10:00 ET Trump press conference
11:30 ET 3-Month and 6-Month Bills

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