Directional Bias For The Day: S&P Futures are higher The odds are for a sideways to an up day with high volatility – watch for break below 2495.00 for change of fortune Key economic data due: Pending Home Sales (est. -1.8%; prev. 5.2%) at 10:00 AM Directional Bias Before Open: Weekly: In Correction Daily: In…

Directional Bias For The Day: S&P Futures are lower; declining since 7:45 PM on Thursday – down 100 points The odds are for a sideways to down day with extreme volatility – watch for break above 2567.75 and break 2527.00 for clarity Key economic data due: Core PCE Price Index ( 0.2% vs. 0.2% est.;…

Directional Bias For The Day: S&P Futures are lower; declining since 2:00 PM on Wednesday – down 150 points The odds are for a sideways to down day with extreme volatility – watch for break above 2451.25 and break 2387.00 for clarity Key economic data due: Unemployment Claims ( 3283K vs. 1648K; prev. 281K) at…

Directional Bias For The Day: S&P Futures are lower and volatile; off the higher around 2500.00 reached in European session The odds are for a sideways day with extreme volatility – watch for break below 2387.50 and break above 2498.00 for clarity Key economic data due: Durable Goods Orders ( 1.2% vs. -1.0% est.; prev.…

Directional Bias For The Day: S&P Futures are higher and volatile; The odds are for an up day – a bounce from oversold levels; extreme volatility – watch for break below 2301.25 for change of fortune Key economic data due: Flash Manufacturing PMI (est. 45.1; prev. 50.7) at 9:45 AM Flash Services PMI ( est.…

Directional Bias For The Day: S&P Futures are erratic; The odds are for an up day – a bounce from oversold levels; extreme volatility- watch for break below 2204.50 No key economic data due: Directional Bias Before Open: Weekly: In Correction Daily: In Correction 120-Min: Down 30-Min: Down-Side 15-Min: Side-Up 6-Min: Side Key Levels: Critical…

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day – a bounce from oversold levels; extreme volatility- watch for break below 2380.75 and break above 2499.00 No key economic data due: Directional Bias Before Open: Weekly: In Correction Daily: In Correction 120-Min: Down 30-Min: Side-Up 15-Min: Side-Up 6-Min:…

Directional Bias For The Day: S&P Futures are lower; The odds are for an up day – a bounce from oversold levels; extreme volatility – watch for break below 2327.00 and break above 2401.00 Key economic data due: Philly Fed Manufacturing Index ( -12.7 vs. 9.5 est.; prev. 36.7) at 8:30 AM Unemployment Claims (…

Directional Bias For The Day: S&P Futures are limit down; The odds are for a down day with extreme volatility; Key economic data due: Building Permits  ( 1.46M vs. 1.50M est.; prev. 1.55M) at 8:30 AM Housing Starts ( 1.60M vs. 1.51M est.; prev. 1.62M) at 8:30 AM Directional Bias Before Open: Weekly: In Correction…

Directional Bias For The Day: S&P Futures are higher; but down from early European sessions The odds are for an up day following a historic down previous day; extreme volatility; Key economic data due: Retail Sales ( -0.5% vs. 0.2% est.; prev. 0.6%) at 8:30 AM Core Retail Sales ( -0.4% vs. 0.1% est.; prev.…