Context: Markets rose higher ahead of the G20 meeting. Finance ministers and central bank governors from G20 countries are gathering in Chengdu, China, for a two-day meeting that begins tomorrow. Brexit and monetary policy at a global level are likely to be the main topics of discussion. IMF painted a dark outlook for the global economy, issuing an "urgent" call for the world's largest economies to roll out more growth-boosting policies and act more aggressively.
Plan: Globex is bullish (GBT2168), moving in value within 2138-2170 auction range. It seems an open auction in range so first idea is to be a buyer using RTH setups towards ATH. Remember ATH 2170.25 was made overnight so don’t expect it to hold as the high of this move. An overnight high can end a move but stats don’t support that. If bullish idea fails, I become a seller towards VPOC 2147 and GAP 2145.75
Value References (/ESU6): VAH 2168.50 POC 2167 VAL 2158
Economic Data (ET): 9:45 PMI Manufacturing; 1:00 PM Baker-Hughes.