Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moving up in an up-sloping flag since 8:30 AM on Friday. The odds are for a sideways to an up day with elevated volatility; watch for a break above 5389.50 and a break below 5366.00 for clarity. No major economic data is…
Directional Bias for the Day: S&P Futures are lower at 8:30 AM – moving down since 4:45 AM from a resistance level around 4372.00 and broke below the support at 5228.50. The odds are for a down day with elevated volatility; watch for a break above 5351.75, the high of 7:30 AM, for a change…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moving up since 8:30 AM after moving sideways since the opening of the Asian markets. The odds are for an up day with elevated volatility – watch for a break below 5236.50 for a change of sentiments. The major economic data report…
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