Directional Bias For The Day: S&P Futures are lower at 9:00 AM; they were higher at 8:30 AM but declined more than 140 points following the CPI report at 8:30 AM The odds are for a down with elevated volatility The key economic data report is due during the day: CPI m/m ( 0.4% vs.…

Directional Bias For The Day: S&P Futures are high at 9:00 AM; down more than 20 points since 5:15 AM and broken below a Double Top pattern on 15-minute charts – the 61.8% extension target is near 3586.00, and the 100% extension target is near 3575.00 The odds are for a sideways to a down…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; down more than 13 after rising more than 45 since 6:00 AM The odds are for a sideways to an up day with elevated volatility – watch for a break below 3602.00 for a change in sentiments No key economic data report is…