Directional Bias For The Day: S&P Futures are higher at 9:00 AM; retraced more than 15 points  since 7:15 AM after advancing more than 30 since 3:15 AM The odds are for a choppy up day – watch for breaks above 4003.75 or a break below 3989.00 for clarity The major economic data report is…

Directional Bias For The Day: S&P Futures are higher at 9:15 AM; advanced more than twenty points since 7:45 following a sideways move from 3:30 AM The odds are for an up day with elevated volatility – watch for breaks below 3991.25 and 2975.50 for a change of sentiments The major economic data report is…

Directional Bias For The Day: S&P Futures are lower at 8:15 AM; declined more than 30 points since 1:45 AM; The odds are for a down day with elevated volatility – watch for a break above 4019.00 for a change of sentiments The major economic data report is due during the day: Core PCE Price…

Directional Bias For The Day: S&P Futures are higher at 9:00 AM, swinging between 4023.50 and 4009.25 since 3:30 AM The odds are for an up day with elevated volatility – watch for a break below 4009.25 for a change of sentiments The major economic data report is due during the day: Prelim GDP (…

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; bounced up more than 20 points  from a low of 3995.50 and 6:L30 AM after breaking a support level around 3998.00 The odds are for a down day with a good chance of a sideways move from the pre-open levels around 4010.00 –…

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; a double bottom around 4047.00 is emerging The odds are for a down day with elevated volatility – watch for a break above 4062.00 for a change in sentiments The major economic data report is due during the day: Flash Services PMI (…

Directional Bias For The Day: S&P Futures are lower at 7:00 AM; trending down since 2:30 PM on Thursday – down more than 80 points The odds are for a down day with elevated volatility – watch for a break above 4083.50 for a change in sentiments The major economic data report is due during…

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; declining since 3:00 AM, and broke below a Horizontal channel following the PPI report at 8:30 AM – the 61.8% extension target near 4125.00 is achieved; the 100% extension target is near 4114.00, and the 161.8% extension target is near 4098.00 The odds…

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; moving sideways to downs with large up-down moves The odds are for a down day with elevated volatility – watch for a break above 4141.75 for a change in sentiments The major economic data report is due during the day: Retail Sales (…