Directional Bias For The Day: The futures are moving sideways Trending down after the high of 2299.50 at 1:00 AM on January 26 Odds are for a sideways to down day; watch for break above 2299.50 for change of fortunes Markets Around The World Markets in the East were mixed; Hong Kong was down; Tokyo, Sydney and Mumbai were higher; Shanghai and Seoul were closed…
Directional Bias For The Day: The futures are moving sideways Trending down after the high of 2299.50 at 1:00 AM Wednesday was gap up open Odds are for a sideways to down day; watch for break above 2299.50 for change of fortunes Markets Around The World Markets in the East were higher; Sydney and Mumbai were closed European markets are higher Dollar index and GBP/USD are up; EUR/USD and…
Directional Bias For The Day: The futures are higher Trending higher 830 AM on Tuesday Tuesday was LR7 (Large Range 7) day Odds are for a sideways to up; watch for break below 2277.75 for change of fortunes Markets Around The World Markets in the East were higher European markets are higher Dollar index and USD/JPY are down; EUR/USD and GBP/USD are up Commodities are mostly down: NatGas is the only exception 10-yrs…
Directional Bias For The Day: The futures are almost unchanged Trending sideways since 3:30 PM on Monday Monday was narrow range day Odds are for a sideways to up; watch for break above 2264.25 or below 2259.50 for change of fortunes Markets Around The World Markets in the East were mostly up: Tokyo and Seoul were exceptions European markets are up Dollar index, GBP/USD and USD/JPY are up; EUR/USD is down…
The U.S. economy has been growing for the past few years, albeit, at a slow rate. Many have attributed the sluggish growth to secular stagnation due to weak household demand, impact of structural changes on employment, weak private investment, political gridlock and global slowdown. Some of these factors will last for many years and some may see up-and-down movement.…
Directional Bias For The Day: The futures are lower Trending down since 9:30 AM on Friday Friday was narrow range day Odds are for a down to sideways day; watch for break above 2267.00 for change of fortunes Markets Around The World Markets in the East were mixed: Tokyo and Sydney were down; Shanghai, Hong Kong, Mumbai and Seoul were up; European markets are down Dollar index and USD/JPY are down;…
Directional Bias For The Day: The futures are higher Trending up since 2:00 PM on Thursday Bullish Chinese economic data Thursday’s pattern was bearish in nature Odds are for an up to sideways day; watch for break below 2262.50 for change of fortunes Markets Around The World Markets in the East were mixed: Shanghai and Tokyo were up; Hong Kong, Sydney, Mumbai and Seoul were…
Directional Bias For The Day: The futures are slightly lower Drifting down after climbing to 2267.25 by 8:00 PM on January 18 Odds are for a down to sideways day; watch for break above 2267.25 for change of fortunes Markets Around The World Markets in the East were mixed: Shanghai and Hong Kong were down; Tokyo, Sydney, Mumbai and Seoul were up; European markets are mixed: France…
Directional Bias For The Day: The futures are almost unchanged Drifting down after climbing to 2268.50 by midnight Downtrend line since 12:00 AM on 15-minute timeframe Odds are for a down day; watch for break above 2266.00 for change of fortunes Markets Around The World Markets in the East were mostly higher: only Sydney and Seoul were down; European markets are mostly down: only DAX…
Directional Bias For The Day: The futures are lower Bounce following PM May’s speech is turning down again Odds are for a down day; watch for break above 2267.50, break above a downtrend line on 30-minute timeframe, which was broken earlier in a fake move up Markets Around The World Markets in the East were mixed: Shanghai, Hong Kong and Seoul were up;…
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