Directional Bias For The Day: S&P Futures are lower at 8:30 AM; the futures are drifting lower since 12:00 AM The odds are for a down day with elevated volatility – watch for a break above 4150.25 for a change of sentiments A Double Bottom pattern is emerging – a lasting break below 4129.25 will…

Directional Bias For The Day: S&P Futures are higher at 9:00 AM The odds are for an up day with elevated volatility – watch for a break below 4153.25 for a change of sentiments No key economic data report due during the day: Directional Bias Before Open: Weekly: Uptrend Daily: Uptrend 120-Min: Up-Side 30-Min: Side-Up…

Directional Bias For The Day: S&P Futures are sharply lower to the 4105.00 level at 8:50 AM following the Non-Farm Payroll report after moving between 4166.25 and 4146.50 from 1:00 PM on Thursday to 8:30 AM The odds are for a down day with elevated volatility – watch for a break above 4136.00 for a…

Directional Bias For The Day: S&P Futures are a bit higher at 8:00 AM; down more than 15 points from the 6:30 AM high and a Double Top  resistance The odds are for a sideways to down with elevated volatility – watch for a break above 4173.25 and below 4148.00 for clarity The key economic…

Directional Bias For The Day: S&P Futures are higher at 8:00 AM; trending up since 4:00 AM – up more than 25 points since then The first nine days of August are historically weak (Stock Trader’s Almanac) The odds are for an up day with elevated volatility – watch for a break below 4106.50 for…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; trending down since 10:30 AM on Monday The first nine days of August are historically weak (Stock Trader’s Almanac) The odds are for a down day with elevated volatility – watch for a break above 4106.50 and above 4122.25 for a change of…

Directional Bias For The Day: S&P Futures are lower at 9:15 AM; moving down since 7:45 AM – down more than 30 points to around 4100.00; On the first trading day of August, Dow has declined 16 out of the last 24 years The odds are for a down day with elevated volatility – watch…

Directional Bias For The Day: S&P Futures are little changed at 9:15 AM; moving sideways s4:00 PM on Wednesday within a narrow band between 4030.00 and 4003.50 Day after Fed funds rate increase has been bearish for the past many months The odds are for sideways to a down with elevated volatility – watch for…

Directional Bias For The Day: S&P Futures are higher at 8:15 AM; moving sideways to up since 6:00 PM on Tuesday – awaiting the FOMC press conference The odds are for an up day with a good chance of sideways to down move from pre-open levels around 3955.00 – watch for a break above 3944.00…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moving sideways to down within a narrow range; near the lows of a channel between 3964.50 and 3946.00; The odds are for a down day with elevated volatility – watch for a break above 3964.50 for a change of sentiments The key economic…