Market Persists With Upward Bias

U.S. Major Indices The week of September 18, 2017 was mostly a positive week for the U.S. equity markets. NASDAQ Composite declined but other major indices advanced. Four S&P 500 sectors – Energy, Materials, Industrials and Finance – also advanced. S&P 500 and Dow Jones Industrial Average have been up for six months and had…

Morning Notes – Wednesday September 27, 2017

Directional Bias For The Day: S&P Futures are higher Moving mostly up 3:30 PM on September 26 Near a double top at 2501.25; break above will have a target near 2510.50 Resistance at 2501.25 and the downtrend line from the high of September 20 Odds are for an up day – watch for break below 2496.75 for change of fortunes  Key economic data due: Core Durable…