Morning Notes – Thursday, September 29, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; down more than 50 points from 3:30 PM; moving sideways with large fluctuations since 2:15 AM between 3716.00 and 3673.00 The odds are for a down day with elevated volatility – watch for a break above 3711.50 for a change in sentiments The…

Morning Notes – Monday, September 26, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; bouncing up since 5:30 AM from a low of 3671.50 The odds are for a down to sideways day with elevated volatility – watch for a break above 3702.25 and 3718.25 No key economic data report is due during the day: Directional Bias…

Morning Notes – Friday, September 23, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; bouncing up since 8:45 AM from a low of 3715.25 The odds are for a down day with elevated volatility – watch for a break above 3761.75 and 3773.00 The key economic data report due during the day: Flash Services ( 45.5 est.;…

Morning Notes – Tuesday, September 20, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; down more than 45 points since 3:30 AM; broke below an upsloping flag at 8:00 AM – the 61.8% extension target is near 3881.00, and the 100% extension target is ear 3865.00 The odds are for a down with elevated volatility – watch…

Morning Notes – Monday, September 19, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; rising since 6:15 PM; up more than 18 points from the low of 3846.25 The odds are for a down to sideways day with elevated volatility; good chance of a sideways to up move from the pre-open levels around 3965.00  – watch for…

Morning Notes – Friday, September 16, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; declining since 4:00 PM – down more than 25 points since 6:45 AM The odds are for a down day with elevated volatility – watch for a break above 3894.00 for a change of sentiments The key economic data report due during the…

Morning Notes – Thursday, September 15, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; declining since 4:00 AM – down more than 25 points The odds are for a down to a sideways elevated volatility – watch for a break above 3965.50 for a change of sentiments The key economic data report due during the day: Retail…

Morning Notes – Wednesday, September 14, 2022

Directional Bias For The Day: S&P Futures are high at 9:00 AM; moving within a trading range between 3878.00 and 3838.00 since 3:30 PM The odds are for a sideways to down day with elevated volatility – watch for a break above 3878.00 and a break below 3843.00 for clarity The key economic data report…