Morning Notes – Friday, April 29, 2022

Directional Bias For The Day: S&P Futures are lower at 9:15 AM; drifting down since 2:30 – at the bottom of a range between 4280.00 and 4230.00; down almost 40 points The odds are for a down day with a good chance of staying within a range with elevated volatility – watch for a break…

Morning Notes – Thursday, April 28, 2022

Directional Bias For The Day: S&P Futures are higher at 9:15 AM; drifting down since 5:00; down almost 40 points The odds are for an up day with a good chance of sideways to down move from pre-open levels with elevated volatility – watch for a break above 4249.25 and a break below 4200.50 for…

Morning Notes – Wednesday, April 27, 2022

Directional Bias For The Day: S&P Futures are higher at 8:45 AM; moved up more than 70 points from 4:45 PM lows of  4136.75; driving down since 4:15 AM high of 4209.25; The odds are for a sideways to down day from pre-open levels with elevated volatility – watch for a break above 4209.25 and…

Morning Notes – Tuesday, April 26, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moving sideways since 3:15 AM within a trading range between 4288.25 and 4266.00; The odds are for a sideways to down day with elevated volatility – watch for a break above 4288.25 and a break below 4266.00 for clarity Key economic data report…

Morning Notes – Monday, April 25, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moving sideways since 9:15 PM on Sunday; The odds are for a down day with elevated volatility – watch for a break above 4218.75 No key economic data report due during the day Directional Bias Before Open: Weekly: Uptrend Under Pressure Daily: Uptrend…

Morning Notes – Thursday, April 21, 2022

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; moving up since 2:45 PM on Wednesday; The odds are for an up day with elevated volatility – watch for a break below 4484.25 and 4468.25 for a change of sentiments Key economic data report due during the day: Philly Fed Manufacturing Index…

Morning Notes – Wednesday, April 20, 2022

Directional Bias For The Day: S&P Futures are higher at 8:45 AM; moving up since 4:00 AM; broke above a sideways move at 5:15 AM The odds are for an up day with elevated volatility – watch for a break below 4458.25 for a change of sentiments Key economic data report due during the day:…

Morning Notes – Thursday, April 14, 2022

Directional Bias For The Day: S&P Futures are a lower at 8:45 AM; moving down since 1:30 AM; broke below a sideways move from 3:15 AM to 8:30 AM from around 4440.00 level The odds are for a down day with elevated volatility – watch for a break above 4442.00 for a change of sentiments…

Morning Notes – Wednesday, April 13, 2022

Directional Bias For The Day: S&P Futures are a lower at 8:45 AM; down more than 30 points from the 7:15 AM high of 4421.75 The odds are for a down day with elevated volatility – watch for a break above 4403.75 for a change of sentiments Key economic data report due during the day:…

Morning Notes – Tuesday, April 12, 2022

Directional Bias For The Day: S&P Futures are a higher at 8:45 AM; up more than 60 points from the 3:30 AM low of 4382.25 The odds are for an up day with elevated volatility – watch for a break below 4416.25 for a change of sentiments Key economic data report due during the day:…