Market Diary – Wednesday July 27, 2016

Directional Bias For The Day: Likelihood of a range bound day with reasonable chance for it to break above the resistance The 4-Hour chart of S&P 500 future is still showing a narrow rectangle trading range since July 13th, bounded between 2173 and 2153 Critical support levels for S&P 500 are 2162.33, 2160.18 and 2155.79 Critical resistance levels…