PPI data

Outlook 10/15: Stock futures still weak on Thursday as concerns around tech companies overspending on artificial intelligence grew, and traders digested U.S. data that pointed to persistent inflation. The September reading on producer prices came in at 1.3% on the month, putting the annual inflation rate at 6.3%. That was the biggest 12-month gain since 2022. The figures were above the 0.6% and 5.5% that economists expected. Concerns that the Federal Reserve could tighten monetary policy more aggressively before year-end weighed on equities Wednesday after new data showed consumer prices in September rose faster than expected on a year-over-year basis.

ESZ26 (Dec2026): YVAH 7807 YPOC 7770 YVAL 7746 GAP 7764 IVR 87

/ES Plan: Yesterday market closed bearish (PBT 7670), but overnight looks balanced, moving few ticks below value, so these're the opening and initial balance options for current session:

A) If market moves above YVAL 7746 with bullish VIX/CVD, buy GAP 7764 and YVAH 7807 magnets.

B) If market moves below YVAL 7746 with bearish VIX/CVD, sell towards ONL 7728 and PBT 7670 magnet.
 
Note: If market opens below value and it begins to trade within value, VAR bullish setup comes in play. 

Market Movers

10:00 Fed's Goolsbee Speaks
10:00 US Business Inventories
11:30 4-Week Bill Auction
12:00 Crude Oil Inventories

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