Morning Notes – Friday January 20, 2017

Directional Bias For The Day: The futures are higher Trending up since 2:00 PM on Thursday Bullish Chinese economic data Thursday’s pattern was bearish in nature Odds are for an up to sideways day; watch for break below 2262.50 for change of fortunes Markets Around The World Markets in the East were mixed: Shanghai and Tokyo were up; Hong Kong, Sydney, Mumbai and Seoul were…