Morning Notes – Monday October 17, 2016

Directional Bias For The Day: The futures are down but off the lows Odds are for a down day Key levels for eMini futures: break above 2128.75, for bulls and break below 2118.00, the low of 5:00 AM, for bears Markets in the East were mostly down, except for Tokyo and Seoul European markets are mostly down but off the lows On Friday, at 4:00 PM, S&P future…