Morning Notes – Thursday, August 3, 2023

Directional Bias For The Day: S&P Futures are lower at 9:0 AM. The bounce up from a low of 4510.25 at 3:45 AM is faltering The odds are for a down day – watch for a break above 4531.75 and 4547.50 for a change of sentiments The major economic data reports due during the day:…

Morning Notes – Wednesday, August 2, 2023

Directional Bias For The Day: S&P Futures are lower at 8:15 AM. Futures have bounced up more than 25 points from the 4:00 AM low of 4552.25 but are still below the down gap created at 6:00 PM The odds are for a down day – watch for a break above 4583.50 and 4593.50 for…

Morning Notes – Tuesday, August 1, 2023

Directional Bias For The Day: S&P Futures are lower at 8:45 AM. Futures have been moving down since 9:45 AM – down more than 25 points; broke below a support level around 4600.00 The odds are for a down day – watch for a break above 4608.50 for a change of sentiments The major economic…