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…

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…

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…

Directional Bias For The Day: S&P Futures are higher at 8:00 AM; the futures are drifting higher from 3979.75 since 5:30 AM; The odds are for an up day with elevated volatility – watch for a break below 3979.75 for a change of sentiments The key economic data report due during the day: ADP Non-Farm…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; the futures are moving sideways between 4040.75 and 4006.75 since opening the week with a down gap at 6::00 PM on Sunday The odds are for a down day with elevated volatility with a good chance of a sideways to up move from…

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; the futures are volatile following the PCE report and before Chair Powell’s speech at the Jackson Hole Conference The odds are for a down to sideways day with elevated volatility – watch for a break above 4202.00 and a break below 4180.00 for…

Directional Bias For The Day: S&P Futures are higher at 8:45 AM; the futures are moving down since 2:45 AM  – down more than 30 points from the high of 4187.75 The odds are for an up day with elevated volatility and with a good chance of a sideways to down move from pre-open levels…

Directional Bias For The Day: S&P Futures are higher at 8:00 AM; the futures are moving up since 3:30 AM from 4119.75; up more than 15 points since 6:45 Am to 4140.00 The odds are for an up to sideways day with volatility – watch for a break above 4143.50 and a break below 4125.00…

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; the futures are moving sideways to down since 3:30 AM around 4140.00 The odds are for a sideways to down day with volatility – watch for a break above 4157.00 and a break below 4118.00 for clarity The key economic data report due…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; the futures are moving sideways to down since 4:15 AM around 4180.00 and after  opening the week with a down gap and declining by more than 40 points The odds are for a down day with volatility – watch for a break above…