Directional Bias For The Day: S&P Futures are higher but declining from a high of 2741.00 at 00:30 AM to 2732.25 by 8:45 AM Odds are for a sideways day with an up bias – watch for break above 2737.00 and below 2727.35 for more clues No key economic data due Markets Around The World Markets in the East were mostly…
Directional Bias For The Day: S&P Futures are higher; moving mostly sideways since 1:30 PM on Thursday; Odds are for a sideways day with an up bias – watch for break above 2726.75 and below 2716.50 for more clues No key economic data due Markets Around The World Markets in the East were mostly up – Shanghai and Sydney were down…
Directional Bias For The Day: S&P Futures are higher; Odds are for an up day with good likelihood of sideways move from pre-open level – watch for break above 2706.00 and below 2696.25 for more clues Key economic data due: CPI ( 0.1%2vs. 0.3% est.) at 8:30 AM Core CPI ( 0.1% vs. 0.2% est.) at 8:30 AM…
Directional Bias For The Day: S&P Futures are higher; moved higher at 2:30 AM Retreating from a resistance zone around 2683.00 level Odds are for an up day with good likelihood of sideways move from pre-open level – watch for break above 2683.00 and below 2677.00 for clarity Key economic data due: PPI ( 0.1% vs. 0.2% est.)…
Directional Bias For The Day: S&P Futures are lower; Price below a downtrend line on 30-minute chart from the high of 2681.50 reached at 2:30 PM on May 7 Odds are for a down day in increased volatility – watch for break above 2672.25 and below 2658.50 for clarity No key economic data due Markets Around The…
Directional Bias For The Day: S&P Futures are higher; Odds are for an up day in increased volatility – watch for break above 2675.50 and below 2666.25 for change of fortunes No key economic data due Markets Around The World Markets in the East were mostly up – Tokyo was down and Seoul was closed European markets are higher…
Directional Bias For The Day: S&P Futures are lower; Odds are for a volatile day – watch for break above 2629.00 and below 2616.75 for clarity Key economic data due Non-Farm Employment Change (164K vs. 190K est.) at 8:30 AM Average Hourly Earnings (0.1% vs. 0.2% est.) at 8:30 AM Unemployment Rate (3.9% vs. 4.0% est.) at 8:30 AM Markets Around The…
Directional Bias For The Day: S&P Futures are lower; moved sharply lower beginning 7:00 AM Just above a critical support level of 2611.00 Odds are for a sideways to down move – watch for break above 2624.50 for change of fortune Key economic data due Prelim Nonfarm Productivity (0.7% vs. 0.9% est.) at 8:30 AM Prelim Unit Labor Cost (2.7%…
Directional Bias For The Day: S&P Futures are lower; moving within a range between 2658.50 and 2646.25 since NYSE session close Market is waiting for FOMC Statement and Rate decision at 2:00 PM Odds are for a sideways to down move – watch for break above 2658.50 and below 2646.25 for change of fortune Key economic data due…
Directional Bias For The Day: S&P Futures are lower; moving lower since 10:00 AM on April 30 Odds are for a down to sideways move – watch for break above 2650.00 and below 2640.00 for change of fortune Key economic data due ISM Manufacturing (est. 58.4) at 10:00 AM Markets Around The World Markets in the East were…
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