Directional Bias For The Day: S&P Futures are lower but higher from NYSE close; moving sideways since 9:30 PM Breaking above a horizontal channel on 6-minute chart; the 61.8% extension target is near 2675.00 and 100% extension target is near 2678.25 Odds are for an up to sideways move – watch for break above 2677.50 and below…

Directional Bias For The Day: S&P Futures are higher; moving higher since 9:45 AM on April 25; new leg up since 3:00 AM Forming a rounding bottom pattern on 30-min timeframe Odds are for a bounce from recent lows with increased volatility – watch for break above 2655.00 and below 2647.00 for more clarity Key economic data due ECB…

Directional Bias For The Day: S&P Futures are lower; moving within a symmetrical triangle on 30-minute timeframe; Down bias on daily and lower degree timeframes Odds are for a bounce with increased volatility – watch for break above 2637.00 and below 2618.00 for more clarity No key economic data due Markets Around The World Markets in the East closed lower…

Directional Bias For The Day: S&P Futures are higher; moving up since 2:30 PM on April 23 Breaking above a horizontal channel; Down bias on daily, sideway bias on 2-hour charts and side-to-up bias lower degree timeframes Odds are for an up day with increased volatility – watch for break above 2688.00 and below 2682.00 for more clarity Key economic data…

Directional Bias For The Day: S&P Futures are higher; moving up since 4:00 AM At the upper bound of a symmetrical triangle on 30-minute chart Down bias on daily and 2-hour charts; bias  is sideways to up on lower degree timeframes Odds are for a choppy day – watch for break above 2778.25 and below 2666.50 for change…

Directional Bias For The Day: S&P Futures are little changed; moving  higher since 3:30 AM; Forming a W14 pattern as named by Arthur Merrill Odds are for an up move – watch for break below 2690.25 for change of fortunes No key economic data due Markets Around The World Markets in the East closed lower European markets are mixed – U.K., France, Spain and…

Directional Bias For The Day: S&P Futures are lower; moving  mostly  lower since 7:45 AM on April 18; Broken below a descending triangle on 6-minute chart; 61.8% extension target near 2698.75 is achieved; 100% extension target is near 2695.50 Odds are for a down move – watch for break above 2708.00 for change of fortunes Key economic data due Unemployment…

Directional Bias For The Day: S&P Futures are higher; moving higher since 3:00 AM on April 16; Odds are for an up move – watch for break below 2708.00 for change of fortunes Key economic data due Beige Book at 2:00 PM Markets Around The World Markets in the East were mostly higher – Mumbai was down European markets are mostly…

Directional Bias For The Day: S&P Futures are higher; moving higher since 3:00 AM on April 16; nearing 2700.00 level Odds are for an up move, but perhaps sideways move around the 2700 – watch for break above 2702.00 and below 2689.00 for change of fortunes Key economic data due Building Permits (1.35M vs. 1.33M est.) at 8:30…

Directional Bias For The Day: S&P Futures are higher; fresh move up since 3:30 AM Breaking above a resistance at the upper bound of a horizontal channel that is being formed since March 22 Odds are for an up move with high volatility – watch for break below 2669.00 for change of fortunes Key economic data due Prelim UoM Consumer…