PPI data

Outlook 09/10: Stock futures tick higher on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week to boost the economy. The latest producer price index reading, which showed that wholesale prices fell 0.1% in August. Economists estimated a 0.3% gain. Core PPI, which excludes food and energy prices, likewise declined 0.1%, while the Dow Jones forecast called for 0.3%. The report serves as a positive sign regarding the state of inflation in the U.S. economy heading into Thursday’s more closely watched consumer price index reading. While traders see a certainty that the central bank will cut by at least a quarter point, they increased their bets following the PPI data that the Fed could make an even deeper cut to rates, by 50 basis points, or a half percentage point, per the CME Fedwatch tool.

ESU25 (SEP2025): YVAH 6518 YPOC 6514 YVAL 6502 GAP 6528

/ES Plan: Yesterday market closed bullish and overnight continues on that way, moving well above previous value/range, so these're the opening and initial balance options for current session:

A) If market remains above HVE 6545 with bullish internals/delta, buy towards ONH-ATH 6565 magnet. 

B) If market moves below HVE 6545 with bearish internals/delta, sell towards ONL-GAP 6528 magnet.

Note: Market opens above value and if it begins to trade within value, VAR setup comes in play.

Market Movers

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