Directional Bias For The Day: S&P Futures are lower; forming a double bottom on 30-minute chart Odds are for a sideways to down day with low volume, hence unpredictability; watch for break above 2898.25 and below 2895.00 for clarity Key economic data due: Chicago PMI (est. 63.0) at 9:45 AM Markets Around The World Markets in the East closed mostly down…

Directional Bias For The Day: S&P Futures are little changed Declined from a high of 2836.00 at 7:30 AM to near previous close of 2828.50 Odds are for a sideways to down day with high volatility – watch for break above 2836.00 and below 2827.00 for clarity Key economic data due: Non-Farm Employment Change (157K vs. 191K est.) at 8:30 AM…

Directional Bias For The Day: S&P Futures are lower Odds are for a down day with high volatility – watch for break above 2798.75 for clarity Key economic data due: Unemployment Claims (218K vs. 220K est.) at 8:30 AM Markets Around The World Markets in the East closed lower European markets are lower Currencies: Up Down Dollar index USD/CHF USD/CAD USD/INR EUR/USD GBP/USD…

Directional Bias For The Day: S&P Futures are higher; moving up from a low of 2813.50 since 6:45 AM Odds are for an up day with high volatility – watch for break above 2821.25 and below 2813.50 for clarity Key economic data due: ADP Non-Farm Employment Change (219K vs. 186K est.) at 8:15 AM ISM Manufacturing PMI (est. 59.4)…