Morning Notes – Tuesday, September 13, 2022

Directional Bias For The Day: S&P Futures are lower at 8:45 AM; declined 90 points in one minute following the CPI reportĀ  at 8:30 AM The odds are for a down day with elevated volatility – watch for a break below 4043.75 and a break above 4080.25 for clarity The key economic data report due…

Morning Notes – Monday, September 12, 2022

Directional Bias For The Day: S&P Futures are higher at 8:00 AM; moving down since 5:15 AM; down more than 15 points The odds are for an up to a sideways day with elevated volatility – watch for a break below 4095.50 and break above 4115.00 for clarity No key economic data report is due…

Morning Notes – Friday, September 9, 2022

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; moving sideways to up since 4:15 AM between 4061.75 and 4048.50 The odds are for an up day with elevated volatility – watch for a break below 4040.75 for a change of sentiments The key economic data report due during the day: Final…

Morning Notes – Thursday, September 8, 2022

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; moving lower since 7:00 AM – breaking below a horizontal channel between 3969.75 and 3996.00 The odds are for a down day with elevated volatility – watch for a break above 3989.75 for a change of sentiments The key economic data report due…

Morning Notes – Wednesday, September 7, 2022

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; moving lower since 4:00 AM – down more than 25 points The odds are for a down day with elevated volatility – watch for a break above 3923.25 for a change of sentiments The key economic data report due during the day: Beige…

Morning Notes – Tuesday, September 6, 2022

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; moving with large swings since 8:00 PM on Monday The odds are for an up day with elevated volatility – watch for a break below 3935.00 for a change of sentiments The key economic data report due during the day: Final Servies PMI…

Morning Notes – Friday, September 2, 2022

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; the September future jumped higher and broke above a Horizontal Channel following the NFP report at 8:30 AM – 100% extension target of the channel near 3994.25 is achieved, and the 161.8% extension target is near 4006.50 The odds are for an up…

Morning Notes – Thursday, September 1, 2022

Directional Bias For The Day: S&P Futures are lower at 8:45 AM; the September future declined from 3948.25 at 7:45 to a trading range between 3940.00 and 3921.00 that it broke above at 7:15 AM The odds are for a down day with elevated volatility – watch for a break above 3948.25 for a change…