Morning Notes – Wednesday, October 18, 2023

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; broke below a symmetrical triangle at 6:15 AM – the 100% extension target is near 4369.00, and the 161.8% extension target is near 4359.00 The odds are for a down day with elevated volatility – watch for breaks above 4397.25 for a change…

Morning Notes – Tuesday, October 17, 2023

Directional Bias For The Day: S&P Futures are lower at 9:00 AM – moving down since 3:15 PM on Monday – down more than 35 points The odds are for a down day with elevated volatility – watch for breaks above 4393.25 and 4402.50 for a change of sentiments The major economic data reports due…