Directional Bias For The Day: S&P Futures are lower at 8:15 AM, moved down more than 30 points from  the 3:00 AM high of 4098.00 The odds are for a down day with elevated volatility – watch for a break above 4098 for a change of sentiments The major economic data report is due during…

Directional Bias For The Day: S&P Futures are higher at 8:15 AM, drifting lower since 6:00 AM – declined by more than 15 points to around 4155.00 The odds are for an up day with elevated volatility – watch for a break below 4146.00 for a change of sentiments The major economic data report is…

Directional Bias For The Day: S&P Futures are lower at 8:15 AM, drifting lower since 1:00 AM – declined by more than 20 points to around 4155.00 The odds are for a down to a sideways day – watch for a break above 4175.00 for a change of sentiments The major economic data report is…

Directional Bias For The Day: S&P Futures are little changed at 8:00 AM, moving near the middle of an ascending triangle on intraday charts, which is a typically bullish pattern The odds are for a sideways day – watch for a break above 4133.25 and or a break below 4113.00 for clarity The major economic…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM, trending down since 11:30 AM on Friday The odds are for a down day with elevated volatility; good chance of a sideways to up move from the pre-ope levels around 4115.00-  – watch for a break above 4124.50 and a break below 4106.25…

Directional Bias For The Day: S&P Futures are higher at 8:30 AM, near the upper bound of a horizontal channel –  between 4163.25 and 4136.75 – in effect since 4:00 PM on Wednesday The odds are for a sideways to up day – watch for a break above 4163.25 and a break below 4136.75 for…

Directional Bias For The Day: S&P Futures are down a bit at 8:30 AM, drifting sideways to down around 4080.00 since 6:00 PM ahead of the FOMC rate decision and the press conference at 2:30 PM The odds are for a sideways to down day with elevated volatility – watch for a break above 4091.25…

Directional Bias For The Day: S&P Futures are down a bit at 8:00 AM; bounced up almost 20 points since 6:30 AM The odds are for a down day with an equal chance of an up move from the pre-open levels around 4025.00 with elevated volatility – watch for a break above 4041.50 for a…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; bouncing up since 6:30 AM The odds are for a down day with a good chance of a sideways to an up move from the pre-open levels around 4050.00 with elevated volatility – watch for a break above 4058.25 and a break below…