Morning Notes – Friday October 28, 2016

Directional Bias For The Day: The futures are moving up after deep losses Up more than 12 points from 4:30 AM low of 2116.00 Odds are for a bounce which may not last for long – watch for break of critical levels for direction Markets Around The World Markets in the East were mixed – Shanghai, Hong Kong, Seoul and Sydney were down; Mumbai and Tokyo…

Morning Notes – Thursday October 27, 2016

Directional Bias For The Day: The futures are up Breaking above a symmetrical triangle on 30-minute timeframe Odds are for an up day Markets Around The World Markets in the East were mixed – Shanghai, Tokyo, Hong Kong and Sydney were down; Mumbai and Seoul were up European markets are mixed – Germany, France and Spain are down; Italy and Switzerland are up…

Morning Notes – Wednesday October 26, 2016

Directional Bias For The Day: The futures are down Down trend since 5:00 AM on October 25 high of 2149.75 At the lower limit of an ascending triangle on 2-hour time-frame and a horizontal channel on 30-minute time-frame Odds are for a down day Markets Around The World Markets in the East were mostly down – Tokyo was an exception European markets are down Dollar index, USD/JPY, EUR/USD are down; GBP/USD is…

Morning Notes – Tuesday October 25, 2016

Directional Bias For The Day: The futures are moving up Uptrend since 9:30 AM on October 21 low of 2123.25 Staying above an ascending triangle on 2-hour time-frame and a horizontal channel on 30-minute time-frame Odds are for an up day Markets Around The World Markets in the East were mixed – Hong Kong, Mumbai and Seoul were down but Shanghai, Sydney and Tokyo advanced…

Morning Notes – Monday October 24, 2016

Directional Bias For The Day: The futures are facing upward pressure Uptrend since 9:30 AM on October 21 low of 2123.25 Breaking above an ascending triangle on 2-hour time-frame and a horizontal channel on 30-minute time-frame Odds are for an up day Markets Around The World Markets in the East were mostly up – except for Sydney, which declined by -0,4% European markets are mostly up; Switzerland being…

Morning Notes – Friday October 21, 2016

Directional Bias For The Day: The futures are facing downward pressure Downtrend since October 19 11: PM high of 2144.50 Odds are for a down day Markets Around The World Markets in the East were mostly down – except for Shanghai, which was up and Hong Kong, which was closed European markets are mostly down; Spain being an exception Dollar index is up…

Morning Notes – Thursday October 20, 2016

Directional Bias For The Day: The futures are facing downward pressure following ECB president Mario Draghi’s press conference Turned back at 11:00 PM from the October 14 high of 2143.25 Odds are for a down day Markets Around The World Markets in the East were mixed – Shanghai and Seoul were down and others up European markets are mostly down; they were mostly…

Morning Notes – Wednesday October 19, 2016

Directional Bias For The Day: The futures are unchanged but up from 3:30 AM lows of 2126.50 Odds are for a range bound day Key levels for eMini futures: break above 2135.50, the high of 10:00 PM, for bulls and break below 2126.50 for bears Markets Around The World Markets in the East were mixed – Hong Kong and Mumbai were down and others up European…

Morning Notes – Tuesday October 18, 2016

Directional Bias For The Day: The futures are up; futures making a bullish engulfing pattern on daily timeframe Odds are for an up day Key levels for eMini futures: break above 2135.50, the high of 4:30 AM, for bulls and break below 2128.00, the low of 11:00 PM, for bears Markets in the East were mostly up European markets are mostly up; most gapped up at…

Morning Notes – Monday October 17, 2016

Directional Bias For The Day: The futures are down but off the lows Odds are for a down day Key levels for eMini futures: break above 2128.75, for bulls and break below 2118.00, the low of 5:00 AM, for bears Markets in the East were mostly down, except for Tokyo and Seoul European markets are mostly down but off the lows On Friday, at 4:00 PM, S&P future…