Morning Notes – Tuesday September 14, 2021

Directional Bias For The Day: S&P Futures moved higher by more than 20 points after the 8:30 AM economic report; The odds have changed to an up day from sideways-to-down – watch for a break below 4451.50 for a change of fortunes Key economic data report due during the day: CPI ( 0.3% vs. 0.4%…

Morning Notes – Monday September 13, 2021

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day – watch for a break below 4466.75 for a change of fortunes No key economic data report due during the day: Directional Bias Before Open: Weekly: Uptrend Daily: Uptrend 120-Min: Side-Down 30-Min: Down 15-Min: Down-Side 6-Min: Side-Up Key Levels:…

Morning Notes – Thursday September 9, 2021

Directional Bias For The Day: S&P Futures are lower; The odds are for a down to sideways day – watch for a break above 4513.25 for a change of fortunes Key economic data report due during the day: Unemployment Claims ( 310K vs. 343K est.; prev. 345K) at 8:30 AM Directional Bias Before Open: Weekly:…

Morning Notes – Wednesday September 8, 2021

Directional Bias For The Day: S&P Futures are lower; The odds are for a down day – watch for a break above 4524.00 for a change of fortunes Key economic data report due during the day: JOLTS Jobs Openings ( 10.03M est.; prev. 10.07M) at 10:00 AM Beige Book at 2:00 PM Directional Bias Before…

Morning Notes – Tuesday September 7, 2021

Directional Bias For The Day: S&P Futures are slightly lower; drifting down since 9:30 Am on Monday The odds are for a down to sideways day – watch for a break above 4539.00 and a break below 4529.25 for clarity No key economic data report due during the day: Directional Bias Before Open: Weekly: Uptrend…

Morning Notes – Friday September 3, 2021

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with volatility – the price action will be significantly influenced by the Non-Farm Payroll report at 8:30 AM Key economic data report due during the day: Non-Farm Employment Change ( 720K est.; prev. 943K) at 8:30 AM Average Hourly…

Morning Notes – Thursday September 2, 2021

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day – watch for a break below 4527.75 for a change of fortunes Key economic data report due during the day: Challenger Job Cuts (-86,4%; prev. -92.8%) at 7:30 AM Unemployment Claims ( 340K vs. 342K est.; prev. 353K) at…