Morning Notes – Friday October 25, 2019

Directional Bias For The Day: S&P Futures are lower; The odds are for a sideways to an up day – watch for break below 3000.00 for change of fortune Key economic data due: Revised UoM Consumer Sentiment¬† ( 96.0 est.; prev. 96.0) at 10:00 AM Revised UoM Inflation Expectations¬† (¬† prev. 2.5%) at 10:00 AM…

Morning Notes – Thursday October 24, 2019

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to an up day – watch for break below 3003.00 for change of fortune Key economic data due: Durable Goods Orders (-1.1% vs. -0.5% est.; prev. 0.3%) at 8:30 AM Core Durable Goods Orders (-0.3% vs. -0.2% est. ; prev.…

Morning Notes – Wednesday October 23, 2019

Directional Bias For The Day: S&P Futures are lower to sideways; The odds are for a sideways to down day – watch for break above 2997.75 for change of fortune No key economic data due: Directional Bias Before Open: Weekly: Uptrend Daily: Confirmed Uptrend 120-Min:Side 30-Min: Side-Down 15-Min: Down-Side 6-Min: Side Key Levels: Critical support…

Morning Notes – Tuesday October 22, 2019

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to up day – watch for break above 3014.25 and break below 3000.75 for clarity Key economic data due: Existing Home Sales (5.45M est.; prev. 5.49M) at 10:10 AM Richmond Manufacturing Index (-7 est.; prev. -9) at 10;00 AM Directional…

Morning Notes – Monday October 21, 2019

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to up day – watch for break above 3001.25 and break below 2992.25 for clarity No key economic data due: Directional Bias Before Open: Weekly: Uptrend Daily: Confirmed Uptrend 120-Min:Side-Up 30-Min: Side 15-Min: Side-Up 6-Min: Up Key Levels: Critical support…

Morning Notes – Tuesday October 1, 2019

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to up day – watch for break above 2994.50 and break below 2982.75 for clarity Key economic data due: ISM Manufacturing PMI ( 50.4 est.; prev. 49.1 ) at 10:00 AM Construction Spending (0.5% est.; prev. 0.1%) at 10:00 AM…