Morning Notes – Tuesday November 12, 2019

Directional Bias For The Day: S&P Futures are essentially moving sideways for the past couple of days The odds are for a sideways day; watch for break above 3097.00 and below 3072.50 for clarity No key economic data due: Directional Bias Before Open: Weekly: Uptrend Daily: Confirmed Uptrend 120-Min: Up-Side 30-Min: Side 15-Min: Side 6-Min:…

Morning Notes – Monday November 11, 2019

Directional Bias For The Day: S&P Futures are moving sideways since 3:00 PM on Thursday Veterans Day Federal holiday; no bonds trading The odds are for a sideways to an up day; watch for break above 3097.00 and below 3072.50 for clarity No key economic data due: Directional Bias Before Open: Weekly: Uptrend Daily: Confirmed…

Morning Notes – Friday October 25, 2019

Directional Bias For The Day: S&P Futures are lower; The odds are for a sideways to an up day – watch for break below 3000.00 for change of fortune Key economic data due: Revised UoM Consumer Sentiment  ( 96.0 est.; prev. 96.0) at 10:00 AM Revised UoM Inflation Expectations  (  prev. 2.5%) at 10:00 AM…

Morning Notes – Thursday October 24, 2019

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to an up day – watch for break below 3003.00 for change of fortune Key economic data due: Durable Goods Orders (-1.1% vs. -0.5% est.; prev. 0.3%) at 8:30 AM Core Durable Goods Orders (-0.3% vs. -0.2% est. ; prev.…