Morning Notes – Friday November 18, 2016

Directional Bias For The Day: The futures are down but drifting up since 4:00 AM Making a horizontal trading range between 2185 and 2176 Odds are for a range bound day with a downside bias Markets Around The World Markets in the East were mixed – Shanghai, Seoul and Mumbai were down; Hong Kong, Tokyo and Sydney were up European markets are down Dollar index is up;…