Market Diary – Thursday July 28, 2016

Directional Bias For The Day: Greater likelihood of a range bound day 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 2159.07, 2155.79 and 2146.21 Critical resistance levels for S&P 500 are 2174.94, 2182.79 and 2190.59 Early morning futures…