Directional Bias For The Day: S&P Futures are lower; The odds are for a down day — watch for a break above 4388.75 for a change of sentiments Key economic data report due during the day: Core PCE Price Index ( 0.4% vs. 0.6% est.; prev. 0.5% ) at 8:30 AM Employment Cost Index (0.7%…

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to an up day — watch for a break below 4368.00 and a break above 4383.00 for clarity Key economic data report due during the day: Flash Manufacturing PMI ( 62.0 est.; prev. 62.1 ) at 9:45 AM Flash Services…

Directional Bias For The Day: S&P Futures are lower; The odds are for a sideways to a down day — watch for a break above 4361.25 and a break above 4340.50 for clarity Key economic data report due during the day: Unemployment Claims ( 419K vs. 350K est.; prev. 368K ) at8:30 AM CB Leading…

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with elevated volatility and with a good chance of a sideways to down move from the pre-open levels around 4325.00 levels — watch for a break below 4315.50 and a break above 4338.50 for clarity No key economic data…

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with elevated volatility and with a good chance of a sideways to down move from the pre-open levels around 4275.00 levels — watch for a break below 4255.00 for a change of sentiments Key economic data report due during…

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day — watch for a break 4355.50 for a change of sentiments Key economic data report due during the day: Retail Sales ( 0.6% vs. -0.4% est.; prev. -1.7%) at 8:30 AM Core Retail Sale  ( 1.3% vs. 0.4% est.;…

Directional Bias For The Day: S&P Futures are lower; The odds are for a down day — watch for a break above 4365.50 for a change of sentiments Key economic data report due during the day: Philly Fed Manufacturing Index ( 21.9 vs. 28.1 est.; prev. 30.7) at 8:30 AM Unemployment Claims  ( 360K vs.…

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day — watch for a break below 4361.50 for a change of sentiments Key economic data report due during the day: PPI ( 1.0% vs. 0.6% est.; prev. 0.8%) at 8:30 AM Core PPI ( 1.0% vs. 0.5% est.; prev.…

Directional Bias For The Day: S&P Futures are lower; The odds are for a down day — watch for a break above 4379.25 for a change of sentiments Broke below a Horizontal Channel following CPI report at 8:30 AM; the e61.8% extension target near 4361.50 is achieved; 100% extension target is near 4358.00 and 161.8%…