Directional Bias for the Day: S&P Futures are a bit lower at 9:00 AM. Forming a cup-with-handle pattern. Odds are for a sideways to an up day. Watch for a break below 5782.75 for a change in sentiments. The notable economic data due during the day: FOMC Meeting Minutes at 2:00 PM. Weekly: Uptrend Daily:…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM. Moving sideways since 5:15 AM within a narrow range around 5765.00. Odds are for a sideways to down day. Watch for a break above 5770.75 or a break below 5742.50 for clarity. The notable economic data due during the day: Trade Balance (-70.4B…
Directional Bias for the Day: S&P Futures are lower at 8:45 AM. Moving sideways to down since 4:00 PM. Odds are for a sideways to down day. Watch for a break above 5822.50 or a break below 5807.25 for clarity. The notable economic data due during the day: Final Manufacturing PMI (47.0 est.; prev. 47.0)…
Directional Bias for the Day: S&P Futures are lower at 9:00 AM. Moving down since 0:15 Am on Friday in steps. Down more than 40 points, Odds are for a down day with a good chance of a sideways to an up move from the pre-market levels around 5780.00. Watch for a break above 5796.75…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM. Moving up since 4:00 AM. Up more than 20 points to around 5814.00 level. Odds are for an up day with a good chance of a sideways to down move from the pre-open levels. Watch for a break below 5790.75 for a change…
Directional Bias for the Day: S&P Futures are higher at 8:15 AM. Moving up since 1:30 PM on Wednesday. Up more than 60 points to around 5825.00 level. Odds are for an up day with a good chance of a sideways to down move from the pre-open levels. Watch for a break below 5805.00 for…
Directional Bias for the Day: S&P Futures are little changed at 8:15 AM. Moving up since 2:15 AM within a range. Up more than 15 points. Odds are for a sideways to an up day. Watch for a break below 5773.50 or a break above 5794.50 for clarity. The major economic data due during the…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM. Moving within a range. Odds are for a sideways day. Watch for a break below 5771.75 or a break above 5793.50 for clarity. The major economic data due during the day: S&P/CS Composite-20 HPI (5.9% vs. 5.9% est.; prev. 6.5%) at 9:00 AM.…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM. Up more than 30 points since 3:00 AM. Odds are for a sideways to up day. Watch for a break below 5745.25 or a break above 5781.75 for clarity. The major economic data due during the day: Flash Manufacturing PMI (48.6 est.; prev.…
Directional Bias for the Day: S&P Futures are lower at 8:30 AM. Moving sideways to down since 3:45 PM on Thursday between 5778.50 and 5759.00 Odds are for a sideways to down day. Watch for a break above 5778.75 or a break below 5759.00 for clarity. No major economic data is due during the day.…
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