Morning Notes - Wednesday, March 1, 2023
Directional Bias For The Day:

S&P Futures are lower at 9:00 AM; down more than 30 points since 6:15 AM after breaking below a rising wedge at 7:00 AM

The odds are for a down day with elevated volatility - watch for breaks above 3986.75 for a change of sentiments

The major economic data report is due during the day:
Final Manufacturing PMI ( 4.8% est.; prev. 47.8) at 9:45...
https://www.marketremarks.com/2023/03/01/23944/
#Emini #Futures #Morning Notes

Morning Notes - Tuesday, February 28, 2023
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 due during the day:
Prelim Wholesale Inventories (...
https://www.marketremarks.com/2023/02/28/morning-notes-tuesday-february-28-2023/
#Emini #Futures #Morning Notes

Morning Notes - Monday, February 27, 2023
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 due during the day:
Core Durable Goods Orders ( 0.7% vs. 0.1% est.;...
https://www.marketremarks.com/2023/02/27/23930/
#Emini #Futures #Morning Notes

Morning Notes - Friday, February 24, 2023
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 Index ( 0.4% est.; prev. 0.3%) at 8:30 AM
Personal...
https://www.marketremarks.com/2023/02/24/morning-notes-friday-february-24-2023/
#Emini #Futures #Morning Notes

Morning Notes - Thursday, February 23, 2023
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 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 ( 2.7% vs. 2.9% est.; prev. 2.9%) at 8:30 AM
Prelim GDP Price Index (3.9% vs. 3.5%...
https://www.marketremarks.com/2023/02/23/23906/
#Emini #Futures #Morning Notes

Morning Notes - Wednesday, February 22, 2023
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 - watch for a break above 4020.50 and a break below 3995.50 for clarity
The major...
https://www.marketremarks.com/2023/02/22/23897/
#Emini #Futures #Morning Notes

Morning Notes - Tuesday, February 21, 2023
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 ( 47.3 est.; prev. 46.8 ) 9:15 AM
Flash Manufacturing PMI  ( 47.4  est.; prev....
https://www.marketremarks.com/2023/02/21/23891/
#Emini #Futures #Morning Notes

Morning Notes - Friday, February 17, 2023
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 the day:
Import Prices ( -0.1% est.; prev. 0.4% )...
https://www.marketremarks.com/2023/02/17/morning-notes-friday-february-17-2023/
#Emini #Futures #Morning Notes

Morning Notes - Thursday, February 16, 2023
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 are for a down day...
https://www.marketremarks.com/2023/02/16/morning-notes-thursday-february-16-2023/
#Emini #Futures #Morning Notes

Morning Notes - Wednesday, February 15, 2023
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 ( 3.0% vs. 1.9% est.; prev. -1.1% ) 8:30 AM
Core Retail Sales ( 2.3% vs....
https://www.marketremarks.com/2023/02/15/23868/
#Emini #Futures #Morning Notes

Morning Notes - Tuesday, February 14, 2023
Directional Bias For The Day:

S&P Futures are higher at 8:35 AM,; wild swing following the CPI data at 8:30 Am - the futures declined from around 4160.00 to around 4132.00 only to bounce up to 4185.00
The odds are for an up day with elevated volatility - watch for a break above 4185.25 or a break below 4132.00 for clarity
The major...
https://www.marketremarks.com/2023/02/14/morning-notes-tuesday-february-14-2023/
#Emini #Futures #Morning Notes

Morning Notes - Monday, February 13, 2023
Directional Bias For The Day:

S&P Futures are little changed at 9:15 AM, moved down more than 10 points from  the 7:30 AM high of 4115.00
The odds are for an up-to-sideways day with elevated volatility - watch for a break above 4115.00 and a break below 496.25 for clarity

No major economic data report is due during the day

Directional Bias Before Open:
Weekly: Uptrend...
https://www.marketremarks.com/2023/02/13/23851/
#Emini #Futures #Morning Notes

Morning Notes - Friday, February 10, 2023
Directional Bias For The Day:

S&P Futures are lower at 8:15 AM, moved down more than 30 points from  the 3:00 AM high of 4098.00
The odds are for a down day with elevated volatility - watch for a break above 4098 for a change of sentiments
The major economic data report is due during the day
Prelim UoM Consumer Sentiment ( 65.0 est.; prev....
https://www.marketremarks.com/2023/02/10/morning-notes-friday-february-10-2023/
#Emini #Futures #Morning Notes

Morning Notes - Thursday, February 9, 2023
Directional Bias For The Day:

S&P Futures are higher at 8:15 AM, drifting lower since 6:00 AM - declined by more than 15 points to around 4155.00
The odds are for an up day with elevated volatility - watch for a break below 4146.00 for a change of sentiments
The major economic data report is due during the day
Unemployment Claims ( 191K...
https://www.marketremarks.com/2023/02/09/morning-notes-thursday-february-9-2023/
#Emini #Futures #Morning Notes

Morning Notes - Wednesday, February 8, 2023
Directional Bias For The Day:

S&P Futures are lower at 8:15 AM, drifting lower since 1:00 AM - declined by more than 20 points to around 4155.00
The odds are for a down to a sideways day - watch for a break above 4175.00 for a change of sentiments

The major economic data report is due during the day
Final Wholesale Inventories ( 0.1%...
https://www.marketremarks.com/2023/02/08/morning-notes-wednesday-february-8-2023/
#Emini #Futures #Morning Notes

Morning Notes - Tuesday, February 7, 2023
Directional Bias For The Day:

S&P Futures are little changed at 8:00 AM, moving near the middle of an ascending triangle on intraday charts, which is a typically bullish pattern
The odds are for a sideways day - watch for a break above 4133.25 and or a break below 4113.00 for clarity
The major economic data report is due during the day
Trade...
https://www.marketremarks.com/2023/02/07/morning-notes-tuesday-february-7-2023/
#Emini #Futures #Morning Notes

Morning Notes - Monday, February 6, 2023
Directional Bias For The Day:

S&P Futures are lower at 9:00 AM, trending down since 11:30 AM on Friday

The odds are for a down day with elevated volatility; good chance of a sideways to up move from the pre-ope levels around 4115.00-  - watch for a break above 4124.50 and a break below 4106.25 for clarity

No major economic data report is due...
https://www.marketremarks.com/2023/02/06/morning-notes-monday-february-6-2023/
#Emini #Futures #Morning Notes

Morning Notes - Wednesday, February 1, 2023
Directional Bias For The Day:

S&P Futures are down a bit at 8:30 AM, drifting sideways to down around 4080.00 since 6:00 PM ahead of the FOMC rate decision and the press conference at 2:30 PM

The odds are for a sideways to down day with elevated volatility - watch for a break above 4091.25 and a break below 4071.00 for clarity

The...
https://www.marketremarks.com/2023/02/01/morning-notes-wednesday-february-1-2023/
#Emini #Futures #Morning Notes

Morning Notes - Tuesday, January 31, 2023
Directional Bias For The Day:

S&P Futures are down a bit at 8:00 AM; bounced up almost 20 points since 6:30 AM
The odds are for a down day with an equal chance of an up move from the pre-open levels around 4025.00 with elevated volatility - watch for a break above 4041.50 for a change of sentiments
The major economic data report is due...
https://www.marketremarks.com/2023/01/31/morning-notes-tuesday-january-31-2023/
#Emini #Futures #Morning Notes

Morning Notes - Monday, January 30, 2023
Directional Bias For The Day:

S&P Futures are lower at 9:00 AM; bouncing up since 6:30 AM
The odds are for a down day with a good chance of a sideways to an up move from the pre-open levels around 4050.00 with elevated volatility - watch for a break above 4058.25 and a break below 4040.00 for clarity
No major economic data report is due during...
https://www.marketremarks.com/2023/01/30/morning-notes-monday-january-30-2023/
#Emini #Futures #Morning Notes