Directional Bias for the Day: S&P Futures are higher at 9:00 AM. The futures have moved down by more than ten points since 7:00 AM following the release of PPI data. The odds are for a sideways to a down day from pre-open levels around 5240.00 – watch for a break above 5253.50 and a…
Directional Bias for the Day: S&P Futures are lower at 9:00 AM. The futures are moving between 5246.75 and 5235.00 since 3:00 PM on Tuesday. The odds are for a sideways to a down day with elevated volatility – watch for a break above 5246.75 and a break below 5235.00 for clarity. No major economic…
Directional Bias for the Day: S&P Futures are higher at 8:30 AM. The futures first dropped 20 points following the CPI data release at 8:30 AM only to bounce up by more than 40 points within minutes. The odds are for an up day with increased volatility – watch for a break below 5200.00 for…
Directional Bias for the Day: S&P Futures moved higher at 8:30 AM following the release of the NFP report. The odds are for an up day with increased volatility – watch for a break above 5237.25 and a break below 5206.75 – for more clarity. The major economic data report due during the day: Non-Farm…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM – moving up since 3:00 AM – up more than 45 points. The odds are for an up day – watch for a break below 5109.00 for a change of sentiments. The major economic data report due during the day: ECB Monetary Policy…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM – moving up since 2:30 AM – up more than 25 points. The odds are for an up day – watch for a break below 5100.00 for a change of sentiments. The major economic data report due during the day: ADP Non-Farm Employment…
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