Directional Bias For The Day: S&P Futures are lower at 8:15 AM – moving sidewyas tod own since 9:30 PM between 4189.25 and 4171.00 The odds are for a down day with elevated volatility – watch for breaks above 4189.25 for a change of sentiments The major economic data reports due during the day: Advance…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM – bounced up 15 points since 6:00 AM in a downtrend The odds are for a down day with elevated volatility and with a good chance of a bounce from the pre-open levels around 4230.00 – watch for breaks above 4247.25 for a…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM – moving within a widening pattern after declining sharply on Thursday The odds are for a sideways to a down day with elevated volatility – watch for breaks below 4299.50 and 4304.25 for a change of sentiments No major economic data reports are…
Directional Bias For The Day: S&P Futures are little changed at 8:45 AM; up more than 30 points since 3:45 AM, attempting to break above a handle of a cup-with-handle pattern The odds are for a sideways to an up day with elevated volatility – watch for breaks below 4334.00 for a change of sentiments…
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…
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…
Directional Bias For The Day: S&P Futures are higher at 9:00 AM – moving higher since 2:15 and forming the right side of a cup-pattern The odds are for an up day with elevated volatility – watch for a break below 4395.25 for a change of sentiments The major economic data reports due during the…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM – moving within a trading range between 4322.50 and 4299.50 after gapping down more than 40 points at the week’s open The odds are for a sideways to down day with elevated volatility – watch for a break above 4322.50 or a break…
Directional Bias For The Day: S&P Futures are a little higher at 8:00 AM – moving sideways around the 4295.00 level ahead of the 8:30 AM Non-Farm Employment report The daily bias is down, the futures are within a support zone, and there is a good chance of a bounce; odds are for elevated volatility…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM – declined more than 20 points from 8:00 AM, moving between a horizontal channel between 4304.00 and 4277.25 The odds are for a sidewyas to down day with elevated volatility – watch for a break above 4304.00 or a break below 4277.25 for…
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