Morning Notes – Thursday, April 13, 2023

Directional Bias For The Day: S&P Futures are higher at 8:30 AM – moving sideways to down since 11:00 PM The odds are for a sideways to down day with elevated volatility – watch for a break above 4131.75 and a break below 4117.75 for clarity The major economic data report is due during the…

Morning Notes – Wednesday, April 12, 2023

Directional Bias For The Day: S&P Futures are higher at 8:30 AM – jumped p following the CPI report at 8:30 AM The odds are for an up day with elevated volatility – watch for a break below 4138.50 for a change of sentiments The major economic data report is due during the day: CPI…

Morning Notes – Tuesday, April 11, 2023

Directional Bias For The Day: S&P Futures are higher at 8:30 AM – moving sideways with up-down fluctuations The odds are for a sideways to an up day – watch for a break above 4149.00 and a break below 4132.75 for clarity No major economic data report is due during the day. Directional Bias Before…

Morning Notes – Thursday, April 6, 2023

Directional Bias For The Day: S&P Futures are lower at 8:45 AM – declining since 7:45 The odds are for a sideways to down day – watch for a break above 4128.25 and a break below 4105.75 for more clarity The major economic data report is due during the day. Challenger Job Cuts ( 319,4%;…

Morning Notes – Wednesday, April 5, 2023

Directional Bias For The Day: S&P Futures are lower at 9:00 AM – moving sideways to down since 12:00 PM on Tuesday between 4133.50 and 4115.25 The odds are for a sideways to down day – watch for a break above 4133.50 and a break below 4115.25 for more clarity The major economic data report…

Morning Notes – Tuesday, April 4, 2023

Directional Bias For The Day: S&P Futures are higher at 9:00 AM – moved up more than 24 points overnight but retreating since 6:30 AM The odds are for an up day, with a sideways to down move from the pre-open levels around 4160.00 – watch for a break above 4171.75 and a break below…