Directional Bias For The Day: S&P Futures are down Drifting down since 9:00 PM on Wednesday Odds are for a down day – watch for break above 2583.50 and below 2582.25 for change of fortunes Key economic data: Unemployment Claims (239K vs. 232K Est.) at 8:30 AM Markets Around The World Markets in the East closed mostly higher – Tokyo and Seoul were down European markets are lower Currencies: Up…
Directional Bias For The Day: S&P Futures are down Drifting mostly down since 2:30 AM after bouncing off the lows of 2579.75 reached at 6:30 PM on Tuesday Odds are for a down to sideways day – watch for break above 2587.50 and below 2582.25 for change of fortunes No key economic data due: Markets Around The World Markets in the East closed mixed – Shanghai, Sydney…
Directional Bias For The Day: S&P Futures are little changed to down Drifting mostly down since 1:30 AM after rising to all time high of 2593.50 Potential H&S pattern being formed on 30-minute time-frame Odds are for a sideways to down day – watch for break above 2590.50 and below 2586.75 for change of fortunes No key economic data due: Markets Around The…
Directional Bias For The Day: S&P Futures are little changed to up Drifting mostly higher since 10:00 PM on Sunday Odds are for a sideways to down day – watch for break above 2585.50 and below 2575.50 for change of fortunes No key economic data due: Markets Around The World Markets in the East closed mixed – Shanghai, Tokyo and Mumbai closed up; Hong Kong, Sydney and…
Directional Bias For The Day: S&P Futures are higher Drifting mostly sideways since 4:00 PM on November 2 Odds are for a sideways day – watch for break above 2581.25 and below 2576.00 for change of fortunes Key economic data due: Average Hourly Earnings (0.0% vs. 0.2%) at 8:30 AM Non-Farm Employment Change (261K vs. 312K est.) at 8:30 AM Unemployment Rate (4.1%…
Directional Bias For The Day: S&P Futures are little changed Drifting higher since 8:30 PM on November 1 low of 2563.25; up more than 12 points from lows Odds are for a sideways to down day – watch for break above 2578.50 and below 2570.75 for change of fortunes Key economic data due: Unemployment Claims (229K vs. 235K est.) at 8:30 AM…
Directional Bias For The Day: S&P Futures are higher Drifting higher since 8:30 PM on October 30 Odds are for an up – watch for break below 2579.25 for change of fortunes Key economic data due: ADP Non-Farm Employment Change (235K vs. 202K est.) at 8:15 AM ISM Manufacturing PMI (est. 59.5) at 10:00 AM FOMC Statement and Fed Funds Rate at 2:00…
You must be logged in to post a comment.