Directional Bias For The Day: S&P Futures are higher; moving sideways since 6:30 AM after a jump from another sideways move from 6:30 PM to 5:40 AM At a resistance of the upper bound of a horizontal channel Odds are for a sideways move from current level, with an up bias, and volatility – watch for break above 2656.50…

Directional Bias For The Day: S&P Futures are lower; moving higher since 7:00 AM Breaking above a downtrend line on 30-min chart Breaking above an inverse head-&-shoulder pattern on 6-minute chart; targets near 2646.50 and 2642.50; resistance at 2643.25 Odds are for a sideways move from current level with great volatility – watch for break above 2643.25 and…

Directional Bias For The Day: S&P Futures are higher; moving sideways since 10:30 PM on April 9 Odds are for a sideways move from current level with up bias – watch for break above 2656.25 and below 2640.50 for change of fortunes Key economic data due PPI (0.3% vs. 0.1% est.) at 8:30 AM Core PPI (0.3%…

Directional Bias For The Day: S&P Futures are higher; moving sideways since 6:30 PM on April 8 Odds are for a sideways move from current levels with an up bias – watch for break above 2622.50 and below 2615.00 for change of fortunes No key economic data due Markets Around The World Markets in the East were up European…