Directional Bias for the Day: S&P Futures are a little higher at 8:30 AM. Forming an up-sloping flag, a bearish pattern, since yesterday’s close after declining during the day. Odds are for a sideways to a down day. Watch for a break above 5869.00 or a break below 5850.00 for clarity. The notable economic data…

Directional Bias for the Day: S&P Futures are a little changed at 8:45 AM. Moving sideways since 2:00 PM on Monday around 5910.00 levels. Odds are for a sideways to a down day. Watch for a break above 5918.50 or a break below 5904.75 for clarity. The notable economic data due during the day: Empire…

Directional Bias for the Day: S&P Futures are a bit lower at 9:00 AM. Forming a cup-with-handle pattern. Odds are for a sideways to an up day. Watch for a break below 5782.75 for a change in sentiments. The notable economic data due during the day: FOMC Meeting Minutes at 2:00 PM. Weekly: Uptrend Daily:…

Directional Bias for the Day: S&P Futures are higher at 9:00 AM. Moving sideways since 5:15 AM within a narrow range around 5765.00. Odds are for a sideways to down day. Watch for a break above 5770.75 or a break below 5742.50 for clarity. The notable economic data due during the day: Trade Balance (-70.4B…

Directional Bias for the Day: S&P Futures are lower at 8:45 AM. Moving sideways to down since 4:00 PM. Odds are for a sideways to down day. Watch for a break above 5822.50 or a break below 5807.25 for clarity. The notable economic data due during the day: Final Manufacturing PMI (47.0 est.; prev. 47.0)…