Directional Bias For The Day: S&P Futures are lower; drifting down since 3:00 PM on Thursday after making bearish RSI divergences on 30-minute and 120-minute timeframes Odds are for a down day – watch for break above 2740.75 for change of fortune Key economic data due: G20 Meeting Markets Around The World Markets in the East closed mostly lower – Sydney and Seoul were…

Directional Bias For The Day: S&P Futures are lower; drifting down since NYSE session lose on Wednesday Odds are for a sideways to down day – watch for break above 2744.00 for change of fortune Key economic data due: Core PCE Price Index (0.1% vs. 0.2% est. and 0.2% prev.) at 8:30 AM Personal Spending (0.6% vs. 0.4% est. and 0.2% prev.) at…

Directional Bias For The Day: S&P Futures are higher; trending up since 8:30 AM on Tuesday;  moving sideways to down since 7:30 AM Odds are for an up day – watch for break below 2689.00 for change of fortune Key economic data due: Prelim GPD (3.5% vs. 3.6% est. and 3.5% prev.) at 8:30 AM Good Trade Balance (-77.2B…

Directional Bias For The Day: S&P Futures are higher; moving lower since 4:45 AM Bias on daily timeframe is to the down side; intraday bias for NYSE open is to the upside; odds are for a choppy day with elevated volatility – watch for break above 2663.25 and break below 2651.00 for clarity No key economic data due: Markets Around…

Directional Bias For The Day: S&P Futures are higher; moving higher since 6:00 PM on Tuesday and after making a bullish divergence Bias on daily timeframe is to the down side; intraday bias for NYSE open is to the upside; odds are for a choppy day with elevated volatility – watch for break above 2666.75 and break below 2648.75…

Directional Bias For The Day: S&P Futures are higher; moving higher since 4:00 AM from 2711.50 Odds are for an up day with elevated volatility – watch for break above 2726.75 for change of fortune Key economic data due: CPI (0.3% vs. 0.3% est. and 0.1% prev. ) at 8:30 AM Core CPI (0.25% vs. 0.2% est. and 0.1% prev.) at 8:30…

Directional Bias For The Day: S&P Futures are lower; moving lower since 11:30 PM on Thursday and broke below day’s low of 2795 at 3:30 AM; bouncing off the lows near 2789.00 and back to the congestion zone around 2795.00 Odds are for a down day – watch for break above 2799.75 for change of fortune Key economic data due:…

Directional Bias For The Day: S&P Futures are higher; moved lower from as high of 2787.00 at 5:00 AM Odds are for an up day with elevated volatility – watch for break below 2772.00 for change of fortune Key economic data due: Consumer Credit (est. 15.7B, prev. 20.1B) at 3:00 PM Markets Around The World Markets in the East closed mostly higher – Shanghai,…

Directional Bias For The Day: S&P Futures are lower; moving sideways to lower since 2:00 Pm on Monday Made a double top on 30-minute chart; broke below the intermediate low; 200% extension target near 2730 is achieved Odds are for a sideways day with choppiness and elevated volatility – watch for break above 2738.50 and break below 2729.75 for clarity No Key…

Directional Bias For The Day: S&P Futures are lower; moving sideways since 2:00 PM on Friday Odds are for a sideways to an up day with choppiness and elevated volatility – watch for break above 2729.50 and below 2714.00 for clarity Key economic data due: ISM Non-Manufacturing PMI (60.3 vs. 59.3 est. and 61.6 prev. ) at 10:00 AM Markets Around…