Morning Notes – Tuesday August 15, 2017

Directional Bias For The Day: S&P Futures are higher Uptrend since the low of 2430.25 at 7:30 AM on August 11; above 61.8% Fibonacci  retracement Near resistance 2474.50, the high at 4:30 PM on August 9 Odds are for an up day – watch for break below 2461.00 for a change of fortunes Key economic data due: Retail Sales (est. 0.3%) and Core Retail Sales (est. 0.3%)…