Morning Notes – Thursday January 5, 2017

Directional Bias For The Day: The futures are drifting higher since 7:30 AM but are below previous close Futures bounded by a downtrend line on 2-hour timeframe Odds are for an up to sideways day Markets Around The World Markets in the East were mixed – Tokyo and Seoul were down; Shanghai, Hong Kong, Sydney and Mumbai were up European markets are mixed – Germany and France are…