Morning Notes – Wednesday April 12, 2017

Directional Bias For The Day: The futures are down Drifting lower since 3:30 AM high of 2356.50; given up all gains of Asian session Previous day the index made a dragonfly doji, a slightly bullish pattern Odds are for a sideways to down day; watch for break above 2356.50 and below 2345.50 for change of fortunes Key economic data: Import…