Directional Bias for the Day: S&P Futures are higher at 9:00 AM. Moving up since 4:30 PM on Friday. Up more than 60 points after declining almost 240 points last week. Odds are for an up day with elevated volatility. Watch for a break below 5438.50 for a change of sentiments. The economic data due…
Directional Bias for the Day: S&P Futures are lower at 8:15 AM. Makine a rounding saucer pattern around 5480.00 level since 3:15 AM. Awaiting the Non-Farm Payroll report due at 8:30 AM. The odds are for a volatile day. Watch for a break above 5511.00 or a break below 5466.50. The economic data due during the…
Directional Bias for the Day: S&P Futures are lower at 8:45 AM. Near the lower bound of a trading range lasting since mid-day yesterday. The odds are for a sideways to a down day. Watch for a break above 5540.00 for a change in sentiments. The economic data due during the day: ADP Non-Farm Employment…
Directional Bias for the Day: S&P Futures are lower at 9:00 AM. Making a rounding bottom since 4:00 PM on Tuesday between 5547.00 and 5506.00. The odds are for a down day with a good chance of a sideways to up move from the pre-open levels around 5520.00. Watch for a break above 5547.25 for a…
Directional Bias for the Day: S&P Futures are lower at 9:00 AM. Breaking below a flat pennant after declining more than 30 points during the Asian session – if the break occurs, then the 61.8% extension target would be around 5615.00, the 100% extension target around 5602.00, and the 161.8% extension target around 5580.00. The…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moving sideways since 3:20 AA around 5625.00 The odds are for a sideways day – watch for a break above 5639.75 or a break below 5616.75 for clarity. The economic data due during the day: Core PCE (0.2% vs. 0.2% est.; prev.…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM – moving up since 11L00 PM – up more than 25 points The odds are for an up to a sideways day – watch for a break below 5643.50 for a change of sentiments. The economic data due during the day: Unemployment Claims…
Directional Bias for the Day: S&P Futures are a little higher at 8:45 AM – moving up within a range, between 5632.25 and 5617.75, from its lower limit. The odds are for a sideways day – watch for a break below 5617.75 or a break above 5632.25 for clarity. The economic data due during the…
Directional Bias for the Day: S&P Futures are a little higher at 8:45 AM – moving up within a range from its lower limit. The odds are for a sideways to an up day – watch for a break below 5566.25 or a break above 5592.00 for clarity. No significant economic data due during the…
Directional Bias for the Day: S&P Futures are lower at 8:00 AM – moving sideways to down since 11:00 AM on Thursday making a rounding top pattern, The odds are for a sideways to down day – watch for a break above 5583.00 or a break below 5550.75 for clarity. The economic data due during…
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