Directional Bias for the Day: S&P Futures are higher at 8:30 AM following the release of CPI data. They have broken above a trading range between 6052.00 and 6039.75. Odds are for a sideways to an up day. Watch for a break below 6039.75 for clarity. The notable economic data due during the day: CPI…

Directional Bias for the Day: S&P Futures are a little changed at 8:45 AM. The futures have been moving sideways between 6071.25 and 6057.50. Odds are for a sideways to a down day. Watch for a break above 6071.25 and 6083.25 for clarity. The notable economic data due during the day: Revised Nonfarm Productivity (2.2%…

Directional Bias for the Day: S&P Futures are higher at 8:45 AM. The futures have been moving sideways between 6096.25 and 6080.00. Odds are for a sideways to a down day. Watch for a break above 6096.25 for clarity. The notable economic data due during the day: Non-Farm Employment Change (227K vs. 218K est.; prev.…

Directional Bias for the Day: S&P Futures are lower at 8:45 AM. The futures have been moving within a narrow range between 6099.25 and 6091.25. Odds are for a sideways to a down day. Watch for a break above 6099.25 for clarity. The notable economic data due during the day: Challenger Job Cuts (26.8%; prev.…

Directional Bias for the Day: S&P Futures are higher at 9:00 AM. The futures have been trending up since 11:340 AM on Tuesday and are up more than 35 points. Odds are for an up day. Watch for a break below 6075.00 and 5068.75 for a change of sentiments. The notable economic data due during…

Directional Bias for the Day: S&P Futures are a little lower at 9:00 AM. Moving sideways to down between 6068.50 and 6050.00. Odds are for a sideways to a down day. Watch for a break above 6068.50 for a change of sentiments. The notable economic data due during the day: JOLTS Job Openings (7.51M est.;…

Directional Bias for the Day: S&P Futures are a little higher at 9:00 AM. Drifting lower since 1:30 AM. Odds are for a sideways to a down day. Watch for a break above 5915.75 for a change of sentiments. No notable economic data is due during the day: Weekly: Uptrend Daily: Uptrend Under Pressure 120-Min:…

Directional Bias for the Day: S&P Futures are a little higher at 8:30 AM. Forming an up-sloping flag, a bearish pattern, since yesterday’s close after declining during the day. Odds are for a sideways to a down day. Watch for a break above 5869.00 or a break below 5850.00 for clarity. The notable economic data…

Directional Bias for the Day: S&P Futures are a little changed at 8:45 AM. Moving sideways since 2:00 PM on Monday around 5910.00 levels. Odds are for a sideways to a down day. Watch for a break above 5918.50 or a break below 5904.75 for clarity. The notable economic data due during the day: Empire…

Directional Bias for the Day: S&P Futures are a bit lower at 9:00 AM. Forming a cup-with-handle pattern. Odds are for a sideways to an up day. Watch for a break below 5782.75 for a change in sentiments. The notable economic data due during the day: FOMC Meeting Minutes at 2:00 PM. Weekly: Uptrend Daily:…