Morning Notes – Wednesday July 19, 2017

Directional Bias For The Day: S&P Futures are higher Drifting sideways since 4:00 PM on July 18 Trading within a narrow band – between 2461.00 and 2457.75  Odds are for a sideways to an up day; watch for break below 2457.75 for a change of fortunes; Key economic data due: Building Permits (est. 1.20M) and Housing Starts (est. 1.16M) at 8:30 AM Markets Around The World…