Last Week, the Market Made a Bad Turn—It Could Get Uglier.

Market trends behave like Newton’s First Law— they maintain their direction and momentum until external economic forces intervene. Often, before reversing course, indices or stocks make a few final pushes in the same direction, forming reversal patterns. It has become increasingly evident that the major U.S. equity indices have finalized their topping patterns of the…

Morning Notes – Monday, March 31, 2025

Directional Bias for the Day: S&P Futures are lower. Moving sideways within a 30-point range around 5570.00 since 5:00 AM. Odds are for a down day with elevated volatility. Watch for a break above 5600.00 for a change of sentiment. The notable economic data due during the day: Chicago PMI (45.5 est.; prev. 45.5) at…