Directional Bias For The Day: S&P Futures are lower; declined from 4:00 PM high of 2894.00 to 7:30 AM low of 2874.50; rising since to 2885.00 At/Below a down trendline Break above 2894.00 is critical Odds are for a volatile with real chance of turning around; if the bounce fails then there is an increased chance of…

Directional Bias For The Day: S&P Futures are volatile due to Non-Farm Payroll; mostly sideways since 4:00 PM on Thursday Odds are for a down day; Volatile day; watch for break above 2910.25 and below 2897.25 for more clarity Key economic data due: Non-Farm Employment Change (134K vs. 185K est.) at 8:30 AM Unemployment Rate (3.7% vs. 3.8% est.) at 8:30 AM…

Directional Bias For The Day: S&P Futures are higher; moving higher since 5:00 AM on October 2; breaking above a resistance near 2936.00 Odds are for an up day; watch for break below 2932.25 Key economic data due: ADP Non-Farm Employment Change (230K vs. 185K est.) at 8:15 AM ISM Non-Manufacturing PMI (61.6 vs. est. 58.0) at 10:00 AM Markets Around…

Directional Bias For The Day: S&P Futures are lower but moving higher since 5:00 AM after making bullish RSI divergence on 30-minute charts Odds are for a sideways to an up day; watch for break below 2921.75 and break above 2931.75 No key economic data due: Markets Around The World Markets in the East closed mostly down – Tokyo was up; Shanghai and Mumbai…

Directional Bias For The Day: S&P Futures are higher; moving higher since making a double bottom at 8:00 AM on September 28 at 2908.00 Risk appetite is on mostly off due to the US-Canada trade deal Odds are for an up day; watch for break below 2931.75 Key economic data due: ISM Manufacturing PMI (est. 60.1) at 10:00 AM…