Morning Notes – Thursday June 8, 2017

Directional Bias For The Day: Futures are higher Drifting higher since 12:30 PM on June 7 At the upper limit of a descending triangle, that is emerging since 9:30 AM on June 2; target for break above is near 2448.00 Odds are for sideways to an up day; watch for break below 2430.50 for change of fortunes Key economic data: Unemployment Claims (245K vs. est.241.) at 8:30…