Directional Bias For The Day: S&P Futures are higher; A horizontal channel is emerging on 30-minute chart – low 2530.00 and high near 2726.00 Odds are for an up day but probably a sideway move from pre NYSE open levels with elevated volatility – watch for break above 2655.00 and break below 2623.00 for a change of fortunes No Key economic data due:…

Directional Bias For The Day: S&P Futures are higher from previous day’s close, which was higher than the NYSE session close An up-sloping flag is emerging on 30-minute chart; a break below 2680.00 will be bearish with a target near 2530.00 Odds are for a bounce with elevated volatility – watch for break above 2617.00 and break below 2580.00 for a change…

Directional Bias For The Day:  S&P Futures are higher from previous close but not much from NYSE session close An up-sloping flag is emerging on 6-minute chart; a break below 2657.00 will be quite bearish Odds are for a sideways days with elevated volatility – watch for break above 2686.00 and break below 2657.00 for a change of fortunes…

Directional Bias For The Day: S&P Futures are lower Bouncing off the lows and forming a down-sloping flag Broke above a horizontal channel on 6-minute at 6:30 AM; the 161.8% extension target is near 2691.00 Broke above a symmetrical triangle on 6-minute chart; 100% extension target near 2688.00 is achieved Odds are for an up day with increased volatility –…

Directional Bias For The Day: S&P Futures are lower Broke below a horizontal channel on 30-minute chart and achieved 61.8% extension; 100% extension target is near 2788.75 Odds are for down day with increased volatility – watch for break above 2813.00 for a change of fortunes Key economic data due: Non-Farm Employment Change (200K vs. 181K est.) at 8:30 AM Average Hourly Earnings (0.3%…