Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moving sideways since 3:20 AA around 5625.00 The odds are for a sideways day – watch for a break above 5639.75 or a break below 5616.75 for clarity. The economic data due during the day: Core PCE (0.2% vs. 0.2% est.; prev.…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moving up since 6:15 PM on Wednesday – up more than 45 points The odds are for an up day with a good chance of a sideways to down move from the pre-open level of 5625.00 – watch for a break above…
Directional Bias for the Day: S&P Futures are lower at 9:00 AM – moving down since 4:15 AM – down more than 30 points The odds are for a down day – watch for a break below 5640.25 for a change of sentiments. The economic data due during the day: S&P/CS Composite-20 HPI (6.5% vs.…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM – moving up since 11L00 PM – up more than 25 points The odds are for an up to a sideways day – watch for a break below 5643.50 for a change of sentiments. The economic data due during the day: Unemployment Claims…
Directional Bias for the Day: S&P Futures are a little higher at 8:45 AM – moving up within a range, between 5632.25 and 5617.75, from its lower limit. The odds are for a sideways day – watch for a break below 5617.75 or a break above 5632.25 for clarity. The economic data due during the…
Directional Bias for the Day: S&P Futures are a little higher at 8:45 AM – moving up within a range from its lower limit. The odds are for a sideways to an up day – watch for a break below 5566.25 or a break above 5592.00 for clarity. No significant economic data due during the…
Directional Bias for the Day: S&P Futures are lower at 8:00 AM – moving sideways to down since 11:00 AM on Thursday making a rounding top pattern, The odds are for a sideways to down day – watch for a break above 5583.00 or a break below 5550.75 for clarity. The economic data due during…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moved up by more than 40 points following the release of the economic reports at 8:30 AM. The odds are for an up day with elevated volatility – watch for a break below 5487.00 for a change of sentiments. The major economic…
Directional Bias for the Day: S&P Futures have been moving sideways within a narrow – 12 points – range since 3:30 PM on Tuesday. The market is awaiting the release of the CPI report with bated breath. The odds are for a volatile day or trading – watch for a break above 5462.50 or a…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM – moved up more than 30 points since 6:45 AM. The odds are for an up day with elevated volatility; watch for a break below 5384.75 for a change in sentiments. The major economic data due during the day: PPI (-0.3% vs. 0.2%…
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