Directional Bias For The Day: Futures are higher Moving sideways since 8:00 PM on June 15 In the middle of a horizontal channel on 30-minute chart Odds are for a sideways day with an up bias; watch for break below 2431.00 for change of fortunes Key economic data: Building Permits (est. 1,25M) at 8:30 AM Housing Start (est. 1.23M) at 8:30 AM Prelim UoM Consumer Sentiments (est. 97.2) at 10:00 AM Markets Around…

Directional Bias For The Day: Futures are sharply lower Moving down since 8:30 AM on June 14 Odds are for a down day; watch for break below 2425.75 for change of fortunes Key economic data: Unemployment Claims (237K vs. 241est.) at 8:30 AM Empire State Mfg. Index (19.8 vs. 5.2 est.) at 8:30 AM Import Prices (-0.3% vs. 0.1% est.) at 8:30 AM Philly Fed Mfg. Index (27.6 vs. 25.5 est.) Markets Around The…

Directional Bias For The Day: Futures are higher Moving higher since 1:00 PM on June 12 Odds are for an up day; watch for break below 2435.00 for change of fortunes Key economic data: CPI (-0.1% vs. est. 0.2%) at 8:30 AM Core CPI (0.1% vs. 0.2%) at 8:30 AM Core Retail Sales (-0.3% vs. 0.2% est.) at 8:30 AM Retail Sales (-0.3% vs. 0.1%) FOMC Statement,…

Directional Bias For The Day: Futures are higher Moving higher since 1:00 PM on June 12 Odds are for an up day; watch for break below 2427.00 for change of fortunes Key economic data: PPI (0.0% vs. est. 0.0%) at 8:30 AM Core PPI (0.3% vs. 0.2%) at 8:30 AM Markets Around The World Markets in the East closed mostly higher – Tokyo closed down European markets are higher Dollar index is…

Directional Bias For The Day: Futures are lower Moving lower since 4:00 PM on June 9 Odds are for a down day; watch for break above 2428.25 for change of fortunes No Key economic data Markets Around The World Markets in the East closed lower – Sydney is closed European markets are lower Dollar index, USD/JPY and GBP/USD are down; EUR/USD is up Commodities are mixed – crude oil and NatGas are higher; gold,…

Directional Bias For The Day: Futures are little changed Moving higher since 6:00 PM on June 8 At the upper limit of a symmetrical triangle, that is emerging since 12:30 PM on June 7 Odds are for sideways to an up day; watch for break below 2433.50 for change of fortunes No Key economic data Markets Around The World Markets in the East closed mostly higher – Hong Kong was lower…

Directional Bias For The Day: Futures are higher Drifting higher since 12:30 PM on June 7 At the upper limit of a descending triangle, that is emerging since 9:30 AM on June 2; target for break above is near 2448.00 Odds are for sideways to an up day; watch for break below 2430.50 for change of fortunes Key economic data: Unemployment Claims (245K vs. est.241.) at 8:30…

Directional Bias For The Day: Futures are little changed Drifting higher since 3:00 AM Trading within a descending triangle since 9:30 AM on June 2 Odds are for sideways to an up day; watch for break below 2428.75 for change of fortunes No Key economic data Markets Around The World Markets in the East closed mixed – Shanghai, Tokyo and Mumbai Kong closed up; Hong Kong, Sydney and Seoul were…

Directional Bias For The Day: Futures are lower Drifting lower since 3:30 PM on June 2 Odds are for down to sideways day; watch for break above 2433.00 for change of fortunes Key economic data: JOLTS Jobs Openings (est. 5.65M) 10:00 AM Markets Around The World Markets in the East closed mixed – Shanghai and Hong Kong closed up; Tokyo, Sydney and Mumbai were donw; Seoul was closed…

Directional Bias For The Day: Futures are lower Moving sideways since 1:30 AM on June 2 Odds are for sideways day; watch for break above 2439.75 and break below 2433.00 for change of fortunes Key economic data: Revised Non-Farm Productivity (0.0% vs. est. -0.6%) at 8:30 AM ISM Non-Manufacturing PMI (est. 57.1) at 10:00 AM Markets Around The World Markets in the East closed mostly down…