Directional Bias For The Day: S&P Futures are a little higher at 8:00 AM – moving sideways around the 4295.00 level ahead of the 8:30 AM Non-Farm Employment report The daily bias is down, the futures are within a support zone, and there is a good chance of a bounce; odds are for elevated volatility…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM – declined more than 20 points from 8:00 AM, moving between a horizontal channel between 4304.00 and 4277.25 The odds are for a sidewyas to down day with elevated volatility – watch for a break above 4304.00 or a break below 4277.25 for…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM – declined more than 40 points since 4:15 AM high of 4336.75 The odds are for a down day with elevated volatility – watch for a break above 4313.75 for a change of sentiments The major economic data reports due during the day:…
Directional Bias For The Day: S&P Futures are lower at 9:00 AM, at a swing low around 4311.00 on the 15-minute chart after declining from a high of 4355.50 at 3:15 AM The odds are for a down day with a good chance of a bounce from the pre-open levels around 4315.00 – watch for…
Directional Bias For The Day: S&P Futures are higher at 8:45 AM, breaking above a cup-with-handle pattern on the 15-minute chart; The odds are for an up day – watch for a break above 4350.00 for a change of sentiments The major economic data reports due during the day: Core PCE Price Index ( 0.1%…
Directional Bias For The Day: S&P Futures are lower at 8:45 AM, moving sideways since 3:00 PM on Wednesday between 4330.25 and 4302.25 The odds are for a sidewyas to a down day – watch for a break above 4330.25 or a break below 4302.25 for clarity The major economic data reports due during the…
Directional Bias For The Day: S&P Futures are lower at 8:45 AM, moving sideways within a trading range between 4366.50 and 4344.00 The odds are for a sidewyas to a down day – watch for a break above 4383.50 or a break below 4338.25 for clarity The major economic data reports due during the day:…
Directional Bias For The Day: S&P Futures are lower at 8:45 AM; resumed the downtrend after a sideway move over the Asian session – down more than 35 points since 3:00 AM The odds are for a down day with elevated volatility – watch for a break above 4439.25 for a change of sentiments The…
Directional Bias For The Day: S&P Futures are higher at 8:45 AM, moving up since 1:00 AM – up more than 18 points, awaiting the FOMC’s rate decision tomorrow The odds are for an up day – watch for a break below 4488.75 for a change of sentiments The major economic data reports due during…
Directional Bias For The Day: S&P Futures are little changed at 8:30 AM, moving within a trading range between 4514.50 and 4487.00 since 1:15 PM on September 15, awaiting the FOMC’s rate decision tomorrow The odds are for a sidewyas day – watch for a break above 4514.50 or a break below 4487.00 for clarity…
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