Morning Notes – Thursday October 13, 2016

Directional Bias For The Day: The futures are sharply down following disappointing Chinese trade data last night Odds are for a down day Key levels for eMini futures: break above 2121.75, October 11 lows at 2:00 PM, for bulls and break below 2113.50, 3:30 AM low, for bears Markets in the East were down, except for Shanghai European markets are mostly down On Wednesday, at 4:00 PM,…