Directional Bias For The Day: The futures are lower Declined during the Asian session and early European sessions Moving higher since 6:30 AM Below a down trend line from  high of 11:30 AM on March Odds are for a sideways to down day; watch for break above 2364.25 and below 2356.75 for change of fortunes Daily momentum is to the upside but there are some…

Directional Bias For The Day: The futures are lower Drifting lower since Asian session opening high of 2362.50 Broke below a descending triangle on 6-minute timeframe at 4:00 AM A down-sloping flag is emerging on 30-minutes chart; a break above it during Asian session has retreated back into it Odds are for a sideways to down day; watch for break above 2359.75…

Directional Bias For The Day: The futures are almost unchanged but lower than 4:00 PM close on March 28 Moved down from 3:30 AM high of 2356.75 Odds are for a sideways to up day; watch for break above 2356.75 and below 2350.0 for change of fortunes Daily momentum is to the upside but there are some strong resistance at current levels Key economic data:…

Directional Bias For The Day: The futures are lower Moved down from 2:00 AM high 2344.00 Odds are for an up day; watch for break below 2332.0 for change of fortunes Key economic data: Conference Board Consumer Confidence at 10:00 AM Volatility will be elevated Markets Around The World Markets in the East closed mostly higher – Shanghai was down European markets are mostly higher –…

Directional Bias For The Day: The futures are sharply lower Moved up from 2:30 AM lows of 2317.75 to high of 2327.50 by 5:00 AM; drifting lower since Odds are for a down day; watch for break above 2337.50 for change of fortunes Volatility will be elevated Markets Around The World Markets in the East closed lower European markets are lower Dollar index, USD/JPY and GBP/USD are lower; EUR/USD is…

Directional Bias For The Day: The futures are higher Moving sideways to down since 8:00 PM, Asian session, on March 23 – between 2349.50 and the 2340.75 – like that on Thursday; Moving higher since 6:30 AM low of 2340.75 Daily trend is down; 30-minute chart trend is sideways; Odds are for a sideways to down day; watch for break above 2349.50 and below 2340.75 for change…

Directional Bias For The Day: The futures are lower Drifting higher since 2:30 AM Pressure is high for a follow through to the sharp decline on Tuesday Odds are for a sideways to down day; watch for break above 2349.50 and below 2337.75 for change of fortunes Markets Around The World Markets in the East closed sharply lower European markets are lower – Spain is…

Directional Bias For The Day: The futures are higher Moving sideways since 9:30 PM on March 20 – between 2376.75 and 2373.25 Odds are for a sideways to up day; watch for break above 2376.75 and below 2372.50 for change of fortunes Markets Around The World Markets in the East closed mixed – Shanghai, Hong Kong and Seoul were up; Tokyo, Sydney and Mumbai were down European markets are lower Dollar…

Directional Bias For The Day: The futures are lower; Moving, mostly, sideways since 4:00 PM on March 17 – between 2375.75 and 2368.75 Odds are for a sideways to down day; watch for break above 2375.75 and below 2368.50 for change of fortunes Markets Around The World Markets in the East closed mixed – Shanghai and Hong Kong were up; Sydney, Mumbai and Seoul…