Morning Notes – Monday, November 1, 2021

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; The odds are for an up day with a good chance of sideways to a down move from pre-open levels around 4610.00 – watch for a break above 4619.25 and a break below 4602.00 for clarity Key economic data report due during the…

Morning Notes – Friday, October 29, 2021

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; The odds are for a down day with  a good chance of sideways  to an up move from pre-open levels around 4570.00 – watch for a break above 4574.00 and a break below 4559.25 for clarity Key economic data report due during the…

Morning Notes – Thursday, October 28, 2021

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; The odds are for an up day with  a good chance of sideways move from pre-open levels around 4560.00 – watch for a break below 4545.25 for a change of sentiments Key economic data report due during the day: Advanced GDP ( 2.0%…

Morning Notes – Wednesday, October 27, 2021

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; moving up since 6:45 AM; coming up to a downtrend line resistance The odds are for a sideways to a down day – watch for a break above 4576.25 for a change of sentiments Key economic data report due during the day: Durable…

Morning Notes – Tuesday, October 26, 2021

Directional Bias For The Day: S&P Futures are higher at 8:00 AM; moving up since 9:30 AM on Monday with small sideways consolidations The odds are for an up day – watch for a break below 4552.50 for a change of sentiments Key economic data report due during the day: HPI ( 1.0% vs. 1.5%…

Morning Notes – Monday, October 25, 2021

Directional Bias For The Day: S&P Futures are higher at 8:15 AM; drifting sideways to up 11:30 PM The odds are for a sideways to an up day; the daily bias is up – watch for a break below 4538.25 for more insights No ley economic data report due during the day: Directional Bias Before…

Morning Notes – Thursday, October 21, 2021

Directional Bias For The Day: S&P Futures are lower at 7:45 AM; moving sideways to down since 12:30 AM The odds are for a sideways to a down day – watch for a break above 4519.25 and above 4527.50 for a change of sentiments Key economic data report due during the day: Philly Fed Manufacturing…

Morning Notes – Wednesday, October 20, 2021

Directional Bias For The Day: S&P Futures are little changed at 8:45 AM; moving sideways to down since 4:00 PM on Tuesday The odds are for a sideways to a down day – watch for a break below 4515.50 for a change of sentiments Key economic data report due during the day: Beige Book at…

Morning Notes – Tuesday, October 19, 2021

Directional Bias For The Day: S&P Futures are higher at 8:15 AM; moving up since 6:45 AM on Monday The odds are for an up day with a good chance of sideways to down move from the pre-open levels around 4500.00 – watch for a break below 4472.50 for a change of sentiments Key economic…

Morning Notes – Monday, October 18, 2021

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; moving lower since 6:00 PM on Sunday The odds are for a down day – watch for a break above 4455.00 for a change of sentiments Key economic data report due during the day: Industrial Production ( 0.3% est.; prev. 0.4%) at 9:15…