Directional Bias For The Day: S&P Futures are down to little changed; mostly moving sideways since 6:30 PM on December 21 In the middle of a horizontal channel on 30-Minute chart Odds are for a sideways move with down bias from current levels – watch for break above 2689.50 and break below 2683.50 for change of fortunes No Key economic data…

Directional Bias For The Day: S&P Futures are almost unchanged; mostly moving sideways since 6:30 PM on Thursday; drifting down since 4:30 AM In the middle of a horizontal channel on 30-Minute chart Odds are for a sideways move with down bias from current levels – watch for break above 2691.50 and break below 2686.50 for change of fortunes…

Directional Bias For The Day: S&P Futures are higher; mostly moving up since 3:30 AM Near a resistance level around 2688.25 The bias on the 30-minute and 15-minute is to the downside, though reversal signals are gathering up Odds are for a sideways to down day – watch for break above 2688.25 and break below 2683.75 for change of fortunes Key economic data due:…

Directional Bias For The Day: S&P Futures are higher; mostly moving up since 4:30 PM on December 19 Near a resistance level around 2692.25, which is the prior broken support Futures are poised delicately with reasonable potential to break up or down; Odds are for a sideways – watch for break above 2693.25 and break below 2689.00 for change of fortunes Key economic data…

Directional Bias For The Day: S&P Futures are higher; mostly moving up since 10:00 AM on December 18 Odds are for a sideways to down day – watch for break above 2698.00 and break below 2692.25 for change of fortunes Key economic data due: Building Permits (1.30 vs. 1.27M est.) at 8:30 AM Housing Starts (1.30M vs. 1.25M est.) at 8:30 Am Current Account (-101B…

Directional Bias For The Day: S&P Futures are higher; moving up since 4:30 PM on December 14 Odds are for an day – watch for break below 2690.50 for change of fortunes No Key economic data due Markets Around The World Markets in the East closed mostly higher – Seoul was down European markets are higher Currencies: Up Down EUR/USD GBP/USD AUD/USD NZD/USD USD/CAD Dollar index USD/JPY USD/CHF…

Directional Bias For The Day: S&P Futures are higher; moving up since 4:30 PM on December 14 Odds are for a sideways to up day – watch for break above 2664.75 and break below 2658.25 for change of fortunes Key economic data: Empire State Manufacturing Index (18.0 vs. 18.8 est.) at 8:30 AM Capacity Utilization (est. 77.2%) at 9:15 AM Industrial Production (est. 0.3%) at 9:15 AM Markets…

Directional Bias For The Day: S&P Futures are higher; moving sideways with up bias since 4:30 PM on December 11 Odds are for a sideways day, with an up bias – watch for break above 2673.50 and break below 2666.25 for change of fortunes Key economic data: Core Retail Sales (1.0% vs. 0.6% est.) at 8:30 AM Retail Sales (0.8% vs. 0.3% est.) at 8:30 AM Import Prices…

Directional Bias For The Day: S&P Futures are higher; moving higher since10:30 PM after declining from 2:30 PM high Odds are for a sideways day, with an up bias – watch for break above 2673.00 and break below 2664.50 Key economic data: CPI (0.4% vs. 0.4% est.) at 8:30 AM Core CPI (0.1% vs. 0.2% est.) at 8:30 AM FOMC Statement at 2:00 PM FOMC…

Directional Bias For The Day: S&P Futures are higher; moving sideways since 4:30 PM on Monday near all time highs Odds are for a sideways day, with an up bias – watch for break above 2667.75 and break below 2663.50 Key economic data: PPI (0.4% vs. 0.4% est.) at 8:30 AM Core PPI (0.3% vs. 0.2% est.) at 8:30 AM Markets Around The World Markets in…