Morning Notes – Monday, April 11, 2022

Directional Bias For The Day: S&P Futures are a lower at 8:45 AM; down 30-points since 3:30 AM The odds are for a down day with elevated volatility – watch for a break above 4473.50 for a change of sentiments No key economic data report due during the day Directional Bias Before Open: Weekly: Uptrend…

Morning Notes – Friday, April 8, 2022

Directional Bias For The Day: S&P Futures are a lower at 8:45 AM; moving down since 4:15 AM after making a Double Top at 4519.75 – a break below 4491,75 will complete the pattern The odds are for a down day with elevated volatility – watch for a break above 4515.00 and a break below…

Morning Notes – Thursday, April 7, 2022

Directional Bias For The Day: S&P Futures are a bit lower at 8:15 AM; moving down since 7:00 AM from a high of 4496.75; The odds are for a  sideways to a down day with elevated volatility – watch for a break above 4496.75 and a break below 4454.25 for more clarity Key economic data…

Morning Notes – Wednesday, April 6, 2022

Directional Bias For The Day: S&P Futures are lower at 8:15 AM; moving down since 10:00 AM on Tuesday from a high of 4588.75; The odds are for a down day with elevated volatility – watch for a break above 4506.25 for a change of sentiments Key economic data report due during the day: FOMC…

Morning Notes – Tuesday, April 5, 2022

Directional Bias For The Day: S&P Futures are lower at 8:15 AM; moving down since 3:30 Am from a high of 4587.25; The odds are for a down day – watch for a break above 4587.25 for a change of sentiments Key economic data report due during the day: Final Services PMI ( 58.9 est.;…

Morning Notes – Monday, April 4, 2022

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; moving sideways within a range between 4551.25 and 4530.00; The odds are for a sideways to down day from pre-open levels around 4540.00 – watch for a break above 4551.25 for a change of sentiments Key economic data report due during the day:…

Morning Notes – Friday, April 1, 2022

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; forming an up-sloping flag, which is bearish in nature, since 4:00 PM on Thursday The odds are for a sideways to down day from pre-open levels around 4545.00 – watch for a break above 4555.50 for a change of sentiments Key economic data…